 Re: x-mas question | |
I have to say that Direct Deposit is WONDERFUL! We have a checking account, two savings accounts, and another savings account that we call our emergency fund. If you guys have never watched Suze Orman, I highly recommend her show and her books. Her show comes on Saturday night on CNBC. She's a financial genius. I know that some banks have this thing called a Christmas Club and they take a certain portion out of your check during the entire year and in November you get a check or something like that for all that you've put in. I think for a family on a budget, that would be a great idea.
I think in your situation, I would spend the same amount on each kid. I know in the case of my little brothers, that's what my dad and stepmom do. Last year, I got them a Playstation 3 and some games and some clothes. They have way too much stuff in the first, so the Playstation was the only toy that I purchased. This year, I was told not to get them anything (as in toys) so I'm just going to get them clothes. I figure about $400 for each of them.
I don't think there is anything wrong with putting anything on a credit card, but because the only card we have is an American Express, we don't charge. If I were to charge, I would seriously plan out EVERYTHING. Just don't go aimlessly swiping away. |