Poll: How much will you spend on Christmas gifts?

Questions on how we spend our money and our time - consumer goods and services, home and vehicle, leisure and recreational activities
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How much will you spend on Christmas gifts this year?

$0
15
12%
$0<X<=$20
4
3%
$20<X<=$50
1
1%
$50<X<=$100
8
7%
$100<X<=$250
16
13%
$250<X<=$500
15
12%
$500<X<=$750
16
13%
$750<X<=$1000
14
11%
$1000<X<=$2000
21
17%
$2000<X<=$5000
8
7%
$5000<X<=$10,000
3
2%
$10,000<X
1
1%
 
Total votes: 122

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mhc
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Poll: How much will you spend on Christmas gifts?

Post by mhc » Fri Dec 13, 2013 9:21 pm

After seeing this article, I was curious about how much Boglehead's spend on Christmas gifts.

http://www.bankrate.com/finance/persona ... fts-1.aspx

I'm guessing that my DW and I will spend about $1000 total on our kids and extended family.

Note: X in the poll represents how much you will spend on Christmas gifts.

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mike143
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Re: Poll: How much will you spend on Christmas gifts?

Post by mike143 » Fri Dec 13, 2013 9:40 pm

Don't like getting or giving gifts. Only the buying for kids, nieces and nephews, none my own yet, $50 limit per child. Few years back my family decided no gifts after 18 years of age and last year wife's family did the same. Everyone was getting gift cards. As an adult I buy everything I want or need. Its about spending time together, not consumerism.
Last edited by mike143 on Fri Dec 13, 2013 9:49 pm, edited 2 times in total.
Nothing is free, someone pays...You can't spend your way to financial freedom.

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in_reality
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Re: Poll: How much will you spend on Christmas gifts?

Post by in_reality » Fri Dec 13, 2013 9:42 pm

I said $0 but we are going to Disneyland in another country...
Last edited by in_reality on Fri Dec 13, 2013 9:55 pm, edited 1 time in total.

Texas hold em71
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Re: Poll: How much will you spend on Christmas gifts?

Post by Texas hold em71 » Fri Dec 13, 2013 9:53 pm

Mike143, I agree with you. Still have a lot of under 18 year olds to buy for. We also spend way more money than I would like to on gifts for employees and co-workers. It is what it is and we can afford it but it represents a big chunk of our Christmas budget.

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Ged
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Re: Poll: How much will you spend on Christmas gifts?

Post by Ged » Fri Dec 13, 2013 10:00 pm

My wife is very religious so materialistic Christmas celebrations are out. About $200 total.

Khanmots
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Re: Poll: How much will you spend on Christmas gifts?

Post by Khanmots » Fri Dec 13, 2013 10:02 pm

mike143 wrote:Don't like getting or giving gifts.
I'm like you. That said, I do enjoy giving eccentric (inexpensive) gifts... so sometimes I'll give someone a titanium spork or some such. Imagine this will change a bit since I now have a niece... will probably hunt gifts for her until she's an adult.

As for those that want to buy me gifts, I ask them to instead make a donation to one of a list of charities/causes I support making sure to have at least one non-controversial choice.

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mike143
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Re: Poll: How much will you spend on Christmas gifts?

Post by mike143 » Fri Dec 13, 2013 10:06 pm

We do a $20 Chinese Christmas Gift Exchange at work. That didn't cost me anything this year. I am regifting a bottle of liquor I don't like that I won in a golf tournament. Work usually gives us $50 gift cards, they are really unnecessary, they already host (pay for) a really nice dinner with drinks.
Nothing is free, someone pays...You can't spend your way to financial freedom.

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yatesd
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Re: Poll: How much will you spend on Christmas gifts?

Post by yatesd » Fri Dec 13, 2013 10:14 pm

Khanmots wrote:
mike143 wrote:Don't like getting or giving gifts.
I'm like you. That said, I do enjoy giving eccentric (inexpensive) gifts... so sometimes I'll give someone a titanium spork or some such. Imagine this will change a bit since I now have a niece... will probably hunt gifts for her until she's an adult.

As for those that want to buy me gifts, I ask them to instead make a donation to one of a list of charities/causes I support making sure to have at least one non-controversial choice.
Are most of your choices controversial?

DualIncomeNoDebt
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Re: Poll: How much will you spend on Christmas gifts?

Post by DualIncomeNoDebt » Fri Dec 13, 2013 10:31 pm

Zero. I hate this forced gift-giving nonsense. Dislike Black Friday, Cyber Monday, and all the rest of the brainwashing.

On the other hand, I do like quality retailers, unrushed and non-crowded shopping where you can get a fair deal for quality goods. Trade is important, and I enjoy supporting quality businesses and getting value for money. So, we'll avoid this stupid holiday and maybe pick up some bargains in the weeks after Christmas.

tim1999
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Re: Poll: How much will you spend on Christmas gifts?

Post by tim1999 » Fri Dec 13, 2013 11:03 pm

I observe the holiday but generally don't buy Christmas gifts for anyone. $0.

Khanmots
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Re: Poll: How much will you spend on Christmas gifts?

Post by Khanmots » Fri Dec 13, 2013 11:20 pm

yatesd wrote:
Khanmots wrote:
mike143 wrote:Don't like getting or giving gifts.
I'm like you. That said, I do enjoy giving eccentric (inexpensive) gifts... so sometimes I'll give someone a titanium spork or some such. Imagine this will change a bit since I now have a niece... will probably hunt gifts for her until she's an adult.

As for those that want to buy me gifts, I ask them to instead make a donation to one of a list of charities/causes I support making sure to have at least one non-controversial choice.
Are most of your choices controversial?
To some people probably... ;)

Thankfully, for most of my friends/relatives they're not. :)

But just in case I put something that I can't see anyone I know not wanting to support on there, like the Leukemia & Lymphoma Society.

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Re: Poll: How much will you spend on Christmas gifts?

Post by abuss368 » Fri Dec 13, 2013 11:27 pm

We always try to lower from the prior year!
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bhsince87
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Re: Poll: How much will you spend on Christmas gifts?

Post by bhsince87 » Fri Dec 13, 2013 11:32 pm

You should change the poll to "What percentage of your income will you spend on Christmas gifts?" :)
BH87

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mhc
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Re: Poll: How much will you spend on Christmas gifts?

Post by mhc » Fri Dec 13, 2013 11:35 pm

bhsince87 wrote:You should change the poll to "What percentage of your income will you spend on Christmas gifts?" :)
Have you been following some of the other recent polls? If I said income, then people would argue pre or post-tax, what is income, does paying off debt count as income, .... :D

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Clark & Addison
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Re: Poll: How much will you spend on Christmas gifts?

Post by Clark & Addison » Sat Dec 14, 2013 12:05 am

We came out just under $1,000 this year for the gifts we bought. Like some of the others I could care less to get any gifts, but I do enjoy giving gifts to my children and nieces/nephews. I don't care to give gifts to other adults due to the fact that all of the adults in our circle of family and friends already has everything that they need/want.

MnD
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Re: Poll: How much will you spend on Christmas gifts?

Post by MnD » Sat Dec 14, 2013 12:14 am

I asked for a good remote control flying sphere and a very decent paper shredder (mine just broke) so barely $$$ for me.
DS needs new ski boots and he's an expert skier so mid $$$
I suggested a new more powerful laptop for frugal DD and she really needs one so high range $$$
DW wants a tablet $$$
Six siblings between the two of us - high $$ each so mid $$$
Miscellaneous - mid-low $$$

A few/several $$$$ - something like that. :beer

bhsince87
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Re: Poll: How much will you spend on Christmas gifts?

Post by bhsince87 » Sat Dec 14, 2013 12:24 am

mhc wrote:
bhsince87 wrote:You should change the poll to "What percentage of your income will you spend on Christmas gifts?" :)
Have you been following some of the other recent polls? If I said income, then people would argue pre or post-tax, what is income, does paying off debt count as income, .... :D
Yes I have...
BH87

sscritic
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Re: Poll: How much will you spend on Christmas gifts?

Post by sscritic » Sat Dec 14, 2013 12:38 am

How do you split $20 between six grandchildren? I give my grandchildren gifts throughout the year, but if you want to, you can call all the gifts given after November 1 Christmas gifts. I bought the ingredients for pancit canton yesterday and will fix it and take it to my daughter's on Sunday. Is that a Christmas gift? I just bought myself a water pressure gauge, is that a Christmas gift? What about donuts tomorrow morning? Actually, I also bought some ensaymada for myself yesterday when I was at the Filipino store. I love Christmas.

nanosour
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Re: Poll: How much will you spend on Christmas gifts?

Post by nanosour » Sat Dec 14, 2013 1:30 am

Somewhat embarrassed to say we're are at $1100 and counting. 1 Teen, 2 Pre-teens. :oops:

Came in $4500 under budget for Jul-Nov so I guess it's OK to give the kids a little extra special holiday.

bluelight
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Re: Poll: How much will you spend on Christmas gifts?

Post by bluelight » Sat Dec 14, 2013 1:56 am

We'll be at about $1,100 this year. A lot more than most years, but thankfully we are able to splurge a bit this year on our kids and their spouses (no grandchildren yet). We are debt free and live frugally most of the year and max out our savings, so I don't worry about the occasional splurge.

goaties
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Re: Poll: How much will you spend on Christmas gifts?

Post by goaties » Sat Dec 14, 2013 6:16 am

Does buying gifts "for the house" count? Last year we bought a half-size dishwasher. This year, some new sheets and a lovely ceramic-coated nonstick frypan. The pre Xmas deals are too good to pass up!

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Boglenaut
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Re: Poll: How much will you spend on Christmas gifts?

Post by Boglenaut » Sat Dec 14, 2013 6:18 am

I want to become buddies with the person spending >10K. :wink:

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Boglenaut
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Re: Poll: How much will you spend on Christmas gifts?

Post by Boglenaut » Sat Dec 14, 2013 6:20 am

goaties wrote:Does buying gifts "for the house" count? Last year we bought a half-size dishwasher. This year, some new sheets and a lovely ceramic-coated nonstick frypan. The pre Xmas deals are too good to pass up!
Would you have bought them anyway assuming you found the same deals? If yes, then no.

kamo
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Re: Poll: How much will you spend on Christmas gifts?

Post by kamo » Sat Dec 14, 2013 7:06 am

I chose $250<>$500. We have a lot of nieces and nephews and, like many have posted, gift to them but not to their parents.
I like that my wife buys real gifts but I am noticing the older ones starting to prefer gift cards and this seems to take the gifting out of gifts so am wondering whether I should propose gifting only the 12 and under kids.
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Rob54keep
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Re: Poll: How much will you spend on Christmas gifts?

Post by Rob54keep » Sat Dec 14, 2013 7:17 am

I like giving because I have been given so much. Merry Christmas.

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OAG
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Re: Poll: How much will you spend on Christmas gifts?

Post by OAG » Sat Dec 14, 2013 7:29 am

Too much. We have 10 GK & 2 GGK along w/ 4 Adult Kids ($100 cash or GC each) 1 GK grad from college in Dec too (additional $500 cash). Gets more costly every year and DW argues I should cut back after they finish college and are working but "force of habit" endures. WTH it's only money.
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nordlead
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Re: Poll: How much will you spend on Christmas gifts?

Post by nordlead » Sat Dec 14, 2013 7:39 am

I've been trying to gift things you can't easily buy.

I've done specialized cheesecakes that I make (turtle cheesecake for my dad for example), or last year I made home made vanilla extract. A previous year we did a photo book for my parents. It is cheap for me, unique, and a nice gift for them.

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TomatoTomahto
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Re: Poll: How much will you spend on Christmas gifts?

Post by TomatoTomahto » Sat Dec 14, 2013 8:33 am

If annual tips (mailman, Poland Spring delivery guy, etc.) count, then it's around $3,000. If not, then a couple of hundred.

Nieces and nephews are getting older, no longer believe in Santa, so I'm not sure we'll give them much. Own kids have plenty; if I think of something I'll get it for them. We no longer do a tree or send out cards. Bah humbug.

All my 17-year old wants for Christmas is an early college acceptance.

peppers
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Re: Poll: How much will you spend on Christmas gifts?

Post by peppers » Sat Dec 14, 2013 10:28 am

My wife handles all the holiday gift giving.

We took the grandchildren to see the Joffrey Ballet perform "The Nutcracker".
She has been on line ordering gifts for the grandchildren.
We will give the grandchildren some $$ in envelopes.
We will give the grandchildren's parents some $$ in envelopes.

Season's greetings to all.

P.S. Grandpa's directive during the holidays is to maintain liquidity in the accounts. :)
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midareff
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Christmas and birthday gifts?

Post by midareff » Sat Dec 14, 2013 10:44 am

I'm in the $100 = $250 category. $100 goes to the condo's staff and I buy 10 one pound special imported coffee's for the who knows what someone might bring over that socially needs a return. Wife is Buddhist and I'm Jewish and we decided long ago to do birthday's dinner's only. ... well, I went a little further this year and paid for the surgery to fix two kids at Operation Smile for her B-day, and thank you Mr. Market for a great couple of years, will fix four kids for my 66th later this month.

BerkeleyChris
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Re: Poll: How much will you spend on Christmas gifts?

Post by BerkeleyChris » Sat Dec 14, 2013 11:07 am

gifts to people, probably zero.

lunches, and dinners, and happy hours with family and friends from high school when i go home, probably upwards of $1500.

holiday lunch with my assistant, $107

holiday cards and postage, about $300

charitable giving, $500

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mhc
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Re: Christmas and birthday gifts?

Post by mhc » Sat Dec 14, 2013 11:48 am

midareff wrote:I'm in the $100 = $250 category. $100 goes to the condo's staff and I buy 10 one pound special imported coffee's for the who knows what someone might bring over that socially needs a return. Wife is Buddhist and I'm Jewish and we decided long ago to do birthday's dinner's only. ... well, I went a little further this year and paid for the surgery to fix two kids at Operation Smile for her B-day, and thank you Mr. Market for a great couple of years, will fix four kids for my 66th later this month.
What a great way to celebrate. Being kind to others is always good.

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Re: Poll: How much will you spend on Christmas gifts?

Post by Fallible » Sat Dec 14, 2013 12:13 pm

This article in the NYT about cash gifts has given me some ideas this year. I've often given cash for things like graduations and birthdays, but not Christmas.

http://www.nytimes.com/2013/12/14/your- ... -cash.html
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WHL
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Re: Poll: How much will you spend on Christmas gifts?

Post by WHL » Sat Dec 14, 2013 12:36 pm

I probably spent $50 on the 18 Christmas cards I mailed to family and friends.

Sent a gift each to my mom, god-mom, and two sisters - total, $120

Will give my brother a gift card for 50 or 100 to the grocery store because he's broke (re-gifted!)

That's it. I travel to family for Xmas every year, so I count the $500 flight as part of their present :)

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mickeyd
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Re: Poll: How much will you spend on Christmas gifts?

Post by mickeyd » Sat Dec 14, 2013 2:51 pm

DW does a bit of Christmas shopping for close family, I guess. I have not bought a Christmas gift in ages. I'm not humbug about it, I am just too old, err seasoned, to go to all of the effort as I give away stuff 12 months of the year.
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