The hubby and I are expecting our first child in um… 2 days! Anyway, over the past few months we’ve been spending like crazy because of all the expenses that come with having a baby. Given that she’s due now and Christmas is right around the corner, would it be okay to let our families know that we’re not exchanging gifts this year? Or maybe implement some kind of low-cost budget rule for presents?
I love Christmas and don’t really want to come across as a grinch, but the reality is, we just don’t have the money to buy the kinds of gifts our families are used to. Have any of you been in a similar position in the past? And if so, what did you do?
I’ve heard of families that do a secret Santa gift exchange in the sense that they draw names out of a hat and only have to buy a present for that one person. That might be an option. I’ve heard of others who set a strict $10-$20 gift budget for every person. That might be doable. Any other ideas?
I’d love to be able to enjoy this season without stressing so much about money and the finances of the whole thing! Any advice would be greatly appreciated 🙂