Christmas is by far the best time of the year. I love being with family and friends and I also love eating – there is always a lot of good food during the holidays. But the holidays can also be stressful for many, mostly for financial reasons. There is a lot of pressure on parents to make it the best Christmas ever for their children. If you dread January because you have went way over budget for the perfect Christmas, I’d say please stop and take a minute to think of other ways to make the Christmas Season Merry and Bright.
In a recent survey from President’s Choice Financial®, over 40% of respondents list budget as their top holiday stressor. If you ask me, that is a terrible way to spend the holidays. And paying those holiday bills is the top source of stress for 30% of respondents. It’s awful to be thinking about money at a time when you should be thinking about good times with family and having good eats. On that note, eating too much is a stressor for only 25% of people.
As much as I would love to be a Grinch or old Scrooge and tell you, “absolutely no gifts (or chocolate cake) at Christmas,” the reality is, that’s not going to happen. But there are ways to help lighten the financial load.
With 81 % of Canadians participating in loyalty programs (you know, earning points for buying things), Christmas is a great time to be thinking about cashing them in, and they will most likely be racking up quickly as there is a lot to purchase during the holidays. I was pleased to see that Atlantic Canadians are the wisest when it comes to using their points for free things. More than half (57%) of us in God’s Country are cashing in points for our Christmas spending. I have used points to lighten the Christmas financial load and am always pleased to think of the money I’m saving. As Christmas just around the corner, I will be spending copious amounts on food anyway, so I may as well be getting free things (including more food, toys and clothes) while I’m at it.
Christmas is the best time of year and using your points during the holidays is an easy way to have less financial stress and more family joy.
**Disclosure: I am a brand ambassador for President’s Choice Financial® and receive compensation for my participation in the program. The opinions on this blog are my own.