It’s that time of year, and shopping is already underway in earnest.
I’m sure that many of you have gotten started with your shopping, and many will also be waiting until the last minute. I generally fall somewhere in between that spectrum.
I thought I’d take a little time to explain how we set and track our Christmas budget, and I’d love to see how it compares to yours.
History As Our Guide
We have one big spreadsheet that I’ve used for years to track various aspects of our personal finance, from a spending ledger to budgets for big items to investment gains and losses, and yes, a Christmas budget.
This is great because I can track prior years spending and set that as a starting point for this years budget.