Tips for a Budget Friendly Holiday

woman holding credit card with Christmas background, looking anxiousWhen you are newly divorced, surviving and thriving during the holidays can be a monumental hill to climb.

The holidays not only can be emotionally stressful, but they can also be financially overwhelming as well.

Here are some suggestions we like to share with our clients to help them have a budget-friendly holiday:

  • Use a mediator or divorce coach to help you and your spouse draft a holiday agreement that outlines an agreeable budget
  • Create a holiday budget
    • Make sure to add not only gifts but events, special food and travel cost
  • Tame your gift-giving list
    • It’s hard to tame a gift list, but if you do, you won’t be paying for Christmas 2019 in the Summer of 2020
  • Consider getting a “family experience” gift
    • Choose an attraction that everyone can enjoy
    • Event gifts are sure to be remembered long after your Christmas tree is put away

Remember the holidays are not about who can give the most expensive presents, it’s not a competition, but a collaboration with your ex-spouse. Often our best holiday memories are not remembered for their extravagance, but for the heartwarming feelings they left in our heart.

During the collaborative divorce process, our team at Family Divorce Solutions can help you and your spouse draft a holiday budget that works for the both of you – not pitting one parent’s gift against the other.

Our team at Family Divorce Solutions is a group of well respected, experienced and trained attorneys, mental health professionals, financial professionals, certified public accountants and child specialists who work as a team to reach a complete and satisfactory resolution for everyone involved.

Contact us today to see how we can help you and your family navigate through the divorce process and keep your holiday budget workable for all!

For your divorce, you have a choice! You control the choices and the outcome.

Note: This information is general in nature and should not be construed as legal/financial/tax/or medical advice. You should work with your attorney, financial, medical or tax professional to determine what will work best for your situation.

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