I’m sure that others can relate when I say that the holiday season causes the urge to give (and spend money). People want to give their time, money and goods to help others so that we can all have a wonderful holiday season. Lots of people like to give, but it can be difficult depending on their financial situation.
I have found that “my heart is bigger than my wallet“ on many occasions. There are people in my life that I want to give to, but I can’t afford to do so on the intended level. That being said, it doesn’t stop me from giving what I can to those around me in my life.
The Bottomless Wallet
The “bottomless wallet” has the power of mind control. It calls to the owner, taunting them to open it. Soon after being coaxed, they are put in a trance that blinds them from sound thinking and judgement. The bottomless wallet has the power to take us down before realizing what we have done.
This is obviously a bit of humor, but it is how it feels sometimes. When I get out my wallet, there are times that I feel I should make a purchase. Sometimes I lose sight of exactly what I should be buying for, and the kind of items that I am purchasing. We have lots of influences in our lives swaying us to buy products and it can be hard to keep our cards and cash in our pocket.
Every year around the holidays the amount of purchases seems to climb. I tend to make some larger purchases while I hope to get a good deal. I rediscover the influence that the items for sale have on my life. It’s not something that we tend to notice, but we get attached to a certain lifestyle or particular item in our life.
A Christmas Budget Struggle
Every year I set a budget and make the attempt to stick to it for gifts. Since I started making the goal for myself, about 6 years, I have not once kept myself from overspending. There are just too many things for sale during the holiday season that seem to catch my eye. There are gifts available for my wife, our parents (my wife’s and mine) and my siblings. It can be hard not to buy things, especially when the items seem to be the “perfect gift”.
Though my bank account has a limit, my wallet seems to be bottomless. When making purchases I can just swipe and swipe and swipe without any obstacles in my way. This is especially relevant when the expenditures are charged to a credit card, instead of my debit card. I’m sure that you have had some of the same situations in your life. It can be hard not to spend money, especially when we can see that our bank account has a balance.
This is exactly what is intended for consumers and it can be hard not to fall into the trap. Items go “on sale” bringing people into stores giving them the sense that they are getting a deal on goods. It can be difficult to hold back from spending, but it can be the difference between hitting your budget or overspending. With the growing amount of online retailing in the United States, I have found it easier to stick to a budget. Once I get my little grubby paws on something tangible, it can be much harder to put it back on the shelf.
The Broken Budget
In order to hit my set goal for spending I have often asked myself a few questions:
- Is my budget too small?
- Should my budget be larger?
- Do I need more self control?
For the most part I lean toward having a lack of self control. It is really hard to get gifts for our families and friends without going over budget. Even when setting a dollar limit, it’s hard to choose how much to spend the money. It doesn’t matter what I set my limit to be, I will usually go over. I’m sure that others are in the same boat, and it can be frustrating from the standpoint of our personal finances.
It’s not that I don’t think that the recipients of my gifts deserve less, but there are times where I can’t afford the gift that might be “perfect” for them. This is something that I have to accept when considering how much to spend on others and overall during the holiday season. I have not figured out exactly how much to spend during the holidays and probably won’t find a perfect number.
I have found that being generous with others shouldn’t (or can’t) be measured. I don’t think that we can look at two people and measure how generous they are and pick who is a better person. The amount of money that we spend during the holidays in not indicative of how much we love those around us. There is much more to our relationships with others than a price tag. We may not have to spend a lot on those around us, but I think there are times that warrant larger transactions. I tend to lean toward the idea of larger transactions being necessary to help someone fulfill their needs, not wants.
Final Thought
The main focus of this post is to be proactive and generous with others. We should try to put others before ourselves, though it is a hard task. This doesn’t mean that we shouldn’t care for ourselves (that is the wrong idea) but we aim our sights on helping others first. I have failed many times, and often, at putting others before myself. Trying again each year with a consistent record of falling short. Maintaining outward focus is hard, especially when we have wants of our own.