This is the first year I budgeted for all year gifts instead of just a Christmas fund where my goal was to get 1/2 of the money budgeted from 'free' sources.
I have been doing very well, but am curious to see how much people budget for such things.
Lots of family/friends. Some have bigger budgets than others. I splurge a LOT on kids, but give small gifts of books to friends kids.
My 2015 All inclusive Gifts/Holiday Budget is about $1500. That seems SO high, but its really reasonable, since other than nephews/niece and my parents and hubby, the budgets are usually $5-$25 per person.
What kind of gift budgets to you guys have?
In my 2015 budget, I included:
Birthdays:
Husband
Mom
Dad
Sister (33)
Nephew (14)
Niece (2)
Nephew 2 (12)
SIL 1
SIL 2
SIL 3
MIL
BFF
Friend's Baby
I included Holiday/Event budgets:
Mother's Day
Father's Day
Valentine's Day
Anniversary
Thanksgiving - Food/Decor
Christmas - Food
Halloween - costumes
Family Member's Wedding Shower
Family Member's Wedding
Easter
Sister's Graduation from Nursing School
Then I have Christmas:
Husband
Mom
Dad
Sister (33)
Nephew (14)
Niece (2)
Nephew 2 (12)
Pollyanna between Sister in Laws
MIL
BFF 1
BFF 2
Friend 3
Friend 4
Friend 1 Baby
Cards/Stamps
Dollar store trip (friend tradition for frugal decorations/wrapping)
Baby Gift
Misc
Sister's Boyfriend (if still around)
Friend 2 Baby
All Year Gift Fund instead of Christmas Fund
May 29th, 2015 at 03:16 pm
May 29th, 2015 at 03:30 pm 1432913433
The $720 total is not counting what I will give to the grandchildren's college funds, which comes from snowflakes.
I have two children with spouses, and four grandchildren (counting one on the way). I also give to other family members at Christmas time, depending on who is at the celebration.
May 29th, 2015 at 03:37 pm 1432913857
May 29th, 2015 at 04:13 pm 1432916000
May 29th, 2015 at 04:30 pm 1432917029
May 30th, 2015 at 01:11 pm 1432991499
June 1st, 2015 at 01:29 pm 1433165342