Holiday Budgeting While Unemployed
The holidays probably feel like the worst possible time to be out of work. It is true that this time of year is difficult when income is low, but that does not mean your holidays are completely ruined. Keep reading to learn a few tips on holiday budgeting while unemployed.
It is going to be tempting to barrel into your holidays with the same expectations you have every year, but you must remember that this year is different. If you want to get to January with your finances intact, you will need to be realistic about what you can and cannot do this holiday. Sit down alone or with your partner and set up some spending guidelines for yourself. Go ahead and list out the stuff that will need to be left out, but also brainstorm other alternatives that might not cost so much. Set up some rules and remind yourself of why it is important to follow these rules this holiday.
Just because you will be on a tighter budget this year, doesn't mean you can't still have a great time. You just need to get a bit more creative. You may not be able to host a huge holiday party this year, but you could still invite friends over for a pot luck and wrapping party. Maybe you can't afford fancy gifts for everyone, but you can make thoughtful gifts which will probably mean a lot more to your friends and family anyway. Sledding, snowball fights, and riding around looking at the neighborhood lights are always free. It's okay that things will be different. Different can still be fun.
Following some basic holiday budgeting rules can help you get through this time of year with your spirits high and your finances secure.