3 lessons to keep holiday costs down, learned growing up low-income - Business Insider

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'When I forced myself to strip my memories of their nostalgic glow and do the math, I realized that my childhood Christmases weren't magical in spite of my parents' small Christmas budget, but because of it'

. From your book club insisting you celebrate at a fancy restaurant to the $90 prime rib you serve for your holiday feast, it's no wonder we all resolve to do better in January after what often feels like a month-long binge.

This is no small feat considering that I could convinced myself each of these people needed a gift of $20 to $50 each. You know the inner dialogue: "My brother-in-law has been into craft beer lately, maybe I should get him this overpriced brewing kit." "Starbucks gift card for the mail woman? $10 seems awkwardly low, better make it $25." These prices add up, to the point that I've personally spent well over a grand on gifts for people who only sort of liked them.

I wanted a go-kart because I dreamed of driving it to Dairy Queen with a boy from Sunday School class. A fantasy that wouldn't have been fulfilled even if my parents bought me a go-kart. My daughter can ask for a drone year after year, and she can hold onto her fantasies about it for just as long.

 

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