Real Families. Real Hope.
Offer God's hope to hurting families.
Yes, I will help struggling families!
$

Your Christmas Money Plan

Share:
Share on facebook
Share on twitter
Share on pinterest
Share on print
Share on email
Wife giving husband sweaters as a Christmas present
Hemera/AbleStock.com/Thinkstock
For so many couples, Christmas and the gift-giving experience can move from feelings of anticipation to disappointment. The Palmers share ways to turn frustrating exchanges into opportunities.

For so many couples, Christmas and the gift-giving experience can quickly move from feelings of sweet anticipation to disappointment, even anger. As you shop during this holiday season, consider the following ways to turn potentially frustrating exchanges into opportunities to bless one another.

Understand your spouse’s money personality. You already know what makes your spouse special. That uniqueness extends to the way your spouse gives and receives gifts. It’s part of something we call a money personality — and everybody has one.

A money personality reflects the way an individual thinks about and deals with money. It influences everything from how much a person is willing to spend on a cup of coffee to how much control he or she likes to have over family finances. And it has an obvious impact on how a spouse feels about giving and receiving gifts.

The two money personalities are savers and spenders. Savers get anxious about money and worry about blowing the budget. Expensive diamond earrings would probably miss the mark in blessing a saver — especially if they were purchased with a credit card. Consider something like a gift certificate to her favorite restaurant or something useful for the home. Keeping it practical and within the budget shows that you respect your saver spouse.

Spenders, on the other hand, love the rush of shopping for something new and the thrill of extravagant gift giving. A rusty, secondhand circular saw would probably miss the mark in blessing a spender. For spenders, gifts are a way of showing generosity and love. Consider saving a little bit extra for that shiny new power tool, golf club or other nonessential item that will show your spender spouse he is more important than the budget.

Make a Christmas financial plan. A Christmas “money huddle” allows you and your spouse to get the holiday season off to a great start.

A money huddle is a time set aside, with no distractions, to be intentional about your Christmas spending. Start by asking each other what you want for Christmas. Keep your answers broad enough that there is still room for an element of surprise. At the same time, ask specific questions so you know what your spouse expects in a gift. Consider questions like:

  • Would you rather have one big gift or several small gifts?
  • How do you feel about buying new items versus getting a great deal on pre-owned items?
  • Do you like receiving practical gifts or would you rather get something you would never buy for yourself?

Once you’ve talked through your own preferences about gifts, determine your spending limits. So many disappointments can be avoided when couples take the time to discuss their expectations and then stick to the holiday budget they make together.

Be a gracious receiver. We’ve all been given gifts we don’t like. We might even feel a little insulted or angry when this happens. Even if your first instinct is to react negatively toward your spouse for either being cheap or blowing the budget, remember that choosing to receive a gift graciously can be a gift in itself. When you accept your spouse’s gift with true appreciation for the intention behind it, you are showing love to the one who wants to be a blessing. If you need to talk about the budget or a specific gift choice, save that for later when you’re alone with your spouse.

Modeling gracious receiving will also teach your children how to do the same. Your expressions of love and respect, through gift giving and receiving, will help to create a caring environment and sweet family memories for those you love.

Scott and Bethany Palmer, “The Money Couple,” are financial relationship experts and the authors of First Comes Love, Then Comes Money: A Couple’s Guide to Financial Communication.

Dynamic CTA Template Below

Your Teen Needs You Most of All

No parent of teens is perfect and even the best can learn how to better connect with their son or daughter. Get practical action steps to better connect with your teenager in 8 Essential Tips for Parenting Your Teen in this FREE video series!

There Is Still Hope for Your Marriage

You may feel that there is no hope for your marriage and the hurt is too deep to restore the relationship and love that you once had. The truth is, your life and marriage can be better and stronger than it was before. In fact, thousands of marriages, situations as complex and painful as yours, have been transformed with the help of professionals who understand where you are right now and care deeply about you and your spouse’s future. You can restore and rebuild your marriage through a personalized, faith-based, intimate program called, Hope Restored.
Raising Your Kids to Defend the Faith (1)

Raising Your Kids to Defend Their Faith

“Raising Your Kids to Defend Their Faith” is a series of five short videos, created to get you started in teaching your kids the fundamentals of Christianity, so they can understand it, explain it, and defend it.
Book Cover: Aftershock A Plan for Recovery

Aftershock: Overcoming His Secret Life with Pornography: A Plan for Recovery

This book is for women who have discovered their husband’s struggle with pornography and other sexual infidelities. Based on biblical principles and psychologically sound advice, Aftershock is designed to help women heal, grow, and receive restoration for themselves, their husbands, and their marriages.
ttwmk-3

That the World May Know

Join renowned teacher and historian Ray Vander Laan as he guides you through the lands of the Bible. In each lesson, Vander Laan illuminates the historical, geographical, and cultural context of the sacred Scriptures. Filmed on location in the Middle East, the That the World May Know ® film series will transform your understanding of God and challenge you to be a true follower of Jesus.
Share:
Share on facebook
Share on twitter
Share on pinterest
Share on print
Share on email

About the Author

You May Also Like