Post # 1
I know I’m a bit early, but I’m a planner and am already thinking about and budgeting for Christmas this year 🙂 I certainly don’t mean to get up in anyone’s financial business, but for those who are comfortable discussing, I’m wondering what others generally budget for their partners around the holidays. Clearly everyone’s circumstances are different. I’m just looking for opinions.
As for me, my boyfriend and I are not engaged but not far off from being so, and I know he is saving for a ring, which is one of the reasons I’m asking this question. I really do not want him to spend a lot of money on me for Christmas. He has a mortgage and student loans and is looking to buy a ring. I, on the other hand, have a healthy savings account, no mortage or debt, and can afford to spend more. For all the things I want to get him, the total will be about $750.
I know it probably sounds like a lot, and I’m certainly not rich. But my boyfriend is AMAZING. He grew up in a family with very little resources, and to this day the only gifts he will receive will be from me and my family. On top of that this will likely be our only Christmas together before we are saving for a wedding/home (we started dating right after Christmas last year and by next year’s Christmas will be saving for above-mentioned events).
Is my budget astronomically high? I don’t want him to feel guilty if I buy too much, and I certainly don’t expect him to match me, but he deserves to be spoiled a bit. He does so much for me and is so wonderful, and I just want him to get that Christmas morning feeling he never got as a kid.
Opinions welcome 🙂
Post # 3
I don’t think so. I usually spend around $500 on my SO for Hanukkah. If you can afford it and want to spoil him, then go for it. 🙂
Post # 4
Because we are saving for a house/wedding and SO is saving for a ring, we decided our budget for Christmas this year is $200.
If you can afford it, go for it.
Post # 5
Wow, Ive never spent that much on him for a holiday. We have to buy gifts for both familes so usually whatever money is left after that we buy something for eachother. Last year we did just stockings and had a max of $50 each. And since we are splurging on the wedding and honeymoon this month, Christmas will probably be very small this year! 🙂
Post # 6
Wow – I feel cheap now.
DH and I usually splurge on one big-ticket item together (in the past it’s been things like a Wii, an external hard drive, etc.) – we are thinking a mattress this year.
Then we do stocking stuffers with a $50 limit.
Post # 7
Last year was our first Christmas together and our budget was $100. This year we will be trying to save up for an apartment, but we also both have full-time jobs now, so it might even out to being about the same or less
Post # 8
Wow! DH is pretty cheap with me, he usually gives himself a $50 budget and hand makes my gifts (UGH). But I normally spend $200 on his birthday or Christmas.
Post # 9
we have only had 1 christmas together. last year i got him 2 things probably totalling 70 or 80. He got me earrings, which i loved, but they weren’t diamonds or anything so i’m guessing he spent $100. we never discussed a budget but i think our gifts were similarly simple. i don’t foresee ever giving him a budget because i can’t see him spending that much $ without consulting me.
Post # 10
We usually spend about $100 each. Usually its one big gift or several small ones.
Post # 11
Last year was our first real Christmas together and we spent about $600-$700… it was a really special Christmas and anyways I found it really hard not to splurge. I am far from rich but I love buying things for him! And he did a great job with mine as well. However, those of you who spend only $50-$100 are not CHEAP, you are SMART!! We are saving for a wedding and house now and the idea of spending all that money on Christmas gifts again this year is not a smart move.. Especially when most of the gifts we buy for Christmas aren’t exactly necessities. This year we need a snowmobile for our new cabin, so we decided instead of buying a bunch of gifts, we will put our money together and buy a cheap skidoo and call it our Christmas gifts, as well as do stockings and maybe one or two small gifts. Although we’re technically looking at more money than last year, its different because we we’re going to buy it anyways hah.
Post # 12
Oh wow. We don’t have a specific budget, but it’s usually around $100 or less for Christmas and birthdays. This doesn’t count the $20-ish we spend on presents our daughter chooses for each of us for holidays. We usually buy a few smaller gifts for holidays, plus birthdays we treat the other to dinner.
Your budget seems like a lot, but we’re grad students and we have a child and a lot of other priorities, so we just prefer to spend a lot less.
Post # 13
@LilySarah: I think that is very sweet, and if you can afford it, go for it! It is way more than I have ever been able to spend on my FI (usually it’s around $200 for Christmas with the big gift(s) and stocking stuffers) – but if I could, I would surely spend more! It’s fun spoiling loved ones.
If you are concerned about him feeling bad about how much you are spending on him, maybe you could spread the gifts out and do a “12 days of Christmas”-type thing… Like one day it’s something little like a $10 Starbucks gift card, and another day it’s a bigger ticket item? Then intersperse the expensive things with the less expensive things so he doesn’t open all this stuff at once and feel like, “WHOA! How expensive was all this?!” You want him to concentrate on how awesome the gifts are and not worry about the cost, no?
Just a thought because I think it’s a valid concern that he might end up feeling guilty that you spent so much when he couldn’t do the same for you…
Post # 14
We always set a budget and one of us blows it. Last year I told him $200 bucks tops. Yeah, I ended up with new Racehl Ray pots, a Kindle Fire, Coach perfume, Coach wristlet and a $50 Amazon gift card. Blew my crappy Northface and (cheap) college basketball tickets out the window!
I really want to set a budget this year and stick with it because we are trying to save for a wedding and an out of state move (the moving part in the next year or two), not to mention we’re going to Disney mid-January. So, we’ll see. I usually go crazy & don’t think $750 is high at all if you’ve got the money!
Post # 15
Wow! That is a ton!
DH and I make pretty darn good money (IMO) and we had a budget of $300 each last year (and that had to buy 5 different presents – could be equal valued, 1 big and 4 little, etc – but had to total 5 things).
We thought that was a lot and, because we just bought a house, we’re decreasing that budget this year to around $150-$200.
Post # 16
We don’t set a budget. We are pretty good with spending around the same, comfortable amount for the two of us. It’ll be a small Christmas this year because of our wedding soon.