How to NOT overspend this #Holiday Season

BLAB with Amy Robles
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This is a replay of the live broadcast with Amy Robles, Jim Collison, and Steve Stewart

Live Webinars: Celebrating Audacity on May 28th
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40 Comments

  • Joshua Brown

    Reply Reply October 21, 2015

    A question I heard from a friend the other day when talking about the holidays. “How does someone get started saving for the holidays in October when they just finished paying off the last holiday credit card debt? ” I answered their question but interested in seeing how others would answer differently.

  • Felix

    Reply Reply October 21, 2015

    Money on a gift card cannot expire for at least five years from the date the card was purchased, or from the last date any additional money was loaded onto the card. If the expiration date listed on the card is earlier than these dates, the money can be transferred to a replacement card at no cost.
    Inactivity fees can be charged only after a card hasn’t been used for at least one year, and you can be charged only once per month. But you may be charged a fee to buy the card or to replace a lost o

  • Joshua Brown

    Reply Reply October 21, 2015

    I was way harder on my friend

  • Joshua Brown

    Reply Reply October 21, 2015

    Told them to figure out what they could save by their December 15th check and that would be the most they could spend this year. Then they can start being more generous again in future years. I will follow up with the idea for them to make sure to let others know that they will be doing this and to expect no/less gifts as they work their debt free plan.

  • Joshua Brown

    Reply Reply October 21, 2015

    Great idea – Amy!

  • Joshua Brown

    Reply Reply October 21, 2015

    Especially if it is just one year – family should be open to the conversation. When I brought it up to my family as we were working our debt free plan my brothers and their family were thankful that we spoke up.

  • Felix

    Reply Reply October 21, 2015

    I have an account at credit union for travel reimbursement and I use that to buy saving bond for grand kids

  • Steve Stewart

    Reply Reply October 21, 2015

    Hi Munir

  • Marketing with Munir

    Reply Reply October 21, 2015

    thank u for replying bak

  • Steve Stewart

    Reply Reply October 21, 2015

    What do you do to keep from overspending at the holidays?

  • Joshua Brown

    Reply Reply October 21, 2015

    We do some of our buying throughout the year and don’t wait until November/December to do it

  • Jim Collison

    Reply Reply October 21, 2015

    @MrJoshuaBrown that’s a great idea

  • Joshua Brown

    Reply Reply October 21, 2015

    Yes our credit union has a coin counter that is free to members and charges for non-members.

  • Felix

    Reply Reply October 21, 2015

    We have a list of folks to gift as we find the perfect gift on special during the year we buy the gift and write them off the list . Perfect is something they can use.

  • Felix

    Reply Reply October 21, 2015

    awesome

  • Joshua Brown

    Reply Reply October 21, 2015

    That is a great ideas @jcollison

  • Joshua Brown

    Reply Reply October 21, 2015

    We give Anna’s dad a gift of lunch at his favorite restaurant every year. Anna and I normally buy experiences for each other rather than items.

  • Steve Stewart

    Reply Reply October 21, 2015

    @MrJoshuaBrown You and your wife are rock stars!

  • Joshua Brown

    Reply Reply October 21, 2015

    Since it is our debt free year, this year Anna’s gift is her dream vacation to Hawaii!

  • Joshua Brown

    Reply Reply October 21, 2015

    Love the idea of a very thoughtful gift certificate!

  • Steve Stewart

    Reply Reply October 21, 2015

    WOW

  • Jim Collison

    Reply Reply October 21, 2015

    I am totally for it

  • Felix

    Reply Reply October 21, 2015

    What do you think giving yourself small rewards as you are obtaining financial goals?

  • Joshua Brown

    Reply Reply October 21, 2015

    We will be leaving Christmas Day!

  • Joshua Brown

    Reply Reply October 21, 2015

    Great book – “Christmas is Not Your Birthday” by Mike Slaughter

  • Joshua Brown

    Reply Reply October 21, 2015

    Love that idea – Amy!

  • Steve Stewart

    Reply Reply October 21, 2015

    @MrJoshuaBrown My wife and I will be giving each other the same gift: We are paying off the house early (by 12/25)

  • Joshua Brown

    Reply Reply October 21, 2015

    @SteveStewartMe So cool! Super excited for you!

  • Joshua Brown

    Reply Reply October 21, 2015

    Seems like another Blab is needed to talk about how to increase the spirit of giving at Christmas! 🙂

  • Joshua Brown

    Reply Reply October 21, 2015

    That would be awesome too!

  • Joshua Brown

    Reply Reply October 21, 2015

    Another great book to talk about generosity for children – “The BEST Christmas Ever: Junior Discovers Contentment” by Dave Ramsey

  • Joshua Brown

    Reply Reply October 21, 2015

    seasonal gift wrapping jobs

  • Joshua Brown

    Reply Reply October 21, 2015

    Yes, we always sold items ahead of Christmas to make room for new things William was going to get. Especially kid toys. Others then can give his old toys to their kids for Christmas (new to them) and save money if they cannot afford to buy great new toys for their kids. It is a win-win!

  • Joshua Brown

    Reply Reply October 21, 2015

    When I shared all of that when we got debt free – it inspired other friends to start working. Not bragging – inspires others.

  • Steve Stewart

    Reply Reply October 21, 2015

    Jim Collison is a rich man – he has 5 KIDS

  • Joshua Brown

    Reply Reply October 21, 2015

    This was great!

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