Black Friday: Consuming Less, Great Gifting, and Staying on Budget

Sometimes less is less.

Everything bought, found, accepted, or inherited has to be maintained, cleaned, moved around until discarded. Black Friday and Cyber Monday sales will entice us to acquire more and spend more.

Discern a good buy from a future regret with these questions!

Was it a good buy before the sale? Create and prioritize a wish list BEFORE the sale begins to serve as a reminder of what was important and affordable before the pressure of a limited time offer and a too-good-to-pass-up price begins.

Are the savings too good to pass up? If there is an item that you were not looking to buy that goes on sale from an original price of $100 to $10, then not buying it is a savings of $100 plus tax. Wow. You almost settled for saving $90 by making a purchase, but I just helped you save even more!

Is it in the budget? Save up cash and leave the plastic at home to help make financial priorities clear and immediate. A holiday isn’t an emergency. I’ve listened to Dave Ramsey for years. He offers saving, budgeting, investing, being content, and applying principles to the decision-making process. Emotion, habits, and mindset can work with or against you. You’ll find a wealth of (searchable) information on DaveRamsey.com and a free budgeting tool at everydollar.com

Is it a quality buy that will stay relevant? Is it classic and timeless or a current fashion trend or fad. How well will it match what you have now? Clear items like bins can be re-purposed more easily from one room to another and from one task to another.

Is it a future garage sale item? Having an exit strategy for discarding the item is good but if you can already tell the item won’t go the distance, then pass!

Where will you put it? Use the amount of space you have to set a realistic limit. A one-in-one-out approach where you plan to discard something before or right after bringing something new in can help keep a space functioning.

What about that great gift that just went on sale! 1. Gift experiences rather than more stuff and help young families have more fun and keep the playroom and living spaces comfortable. 2. Consumable products are a good idea if you know the person’s preferences for scent or taste. 3. Enjoyable activities will promote relaxation and stress reduction.

Accepting other’s boundaries is also a great way to further develop a safe relationship with them. So, if someone dreads another “thing” coming into their home, the kids will be alright if they are gifted an experience, consumable (parent-approved), or activity rather than another toy. Remember to ask for a gift wish list. Give Wishlistr a try and add links to items from different websites all in one spot.

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