What I Really Want for Christmas

December 21, 2016

It’s the most wonderful time of the year: that time when we all give thanks for what we already have, then storm the malls for 30-ish days to buy more stuff. We’re constantly asked what we want for Christmas and then the rest of the year, we try to reconcile our consumer culture with our desire to be content with what we have. So when I’m asked for my wish list, I confess that instead of thinking of presents, I wax idealistic and think in terms of what I would want if it weren’t for that pesky reality issue. In no particular order, this is all I want for Christmas — or ever:  

1. A couple do-overs

I actually don’t regret the headline “mistakes” of my life — like saying “I do” when we didn’t or changing my college major in order to graduate on time. Those things have led me to where I am today, which is exactly where I want to be. It’s those little things I’d like to go back and fix like the time in 4th grade when the kids on the bus were teasing my little brother and I chimed in rather than stood up for him or skipping my best friend Jenny’s bridal luncheon because I didn’t want my boyfriend at the time to be bored. A mulligan wouldn’t change the course of my life, but it could have made a big difference to someone I care about.

2. Everyone to give a crap about the environment

It’s the only earth we have. I don’t get why some people are able to turn off their give-a-darn when it comes to taking care of it — like the woman who told me that recycling is “impossible” at her house because she has two teenagers. Nice excuse, but don’t teenagers typically care more about that stuff than their parents?

I’d even be satisfied if everyone just turned off the water while brushing their teeth. I see people lamenting global warming but then toting around disposable plastic water bottles. Just one small change can make a difference.

3. No more homeless pets

At one time in my life, I actually lived with four cats. I dream of opening our home to a dog or two once we have a yard and won’t have to walk up three flights of stairs for every walk. It kills me to go by the shelter and see those poor puppies and kitties waiting for some love and attention. Please spay and neuter your pets. And the next time you want a furry friend, adopt from the shelter instead of buying from the store.

4. Money to cease being taboo

I always say that if people walked around with their credit card balances displayed, everyone would feel better about their financial situation. It saddens me how many wonderful, successful people I know are secretly freaking out inside about money. They feel trapped in a lifestyle that is destroying them financially. If we were more honest with each other about our fiscal challenges, we’d all find it easier to resolve the problems and focus our energy on the things that really matter to us.

Of course I’d love to see world peace, an end to greed, and the ability to time travel, but let’s not get carried away. These four wishes are near and dear to my heart. What would you put on your suspended-reality wish list? I’d love to hear your answer on Facebook. And happy holidays!

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What to Do When Your Kids Ask for Expensive Toys

December 19, 2016

Do your children ask you – or Santa — for expensive toys? If they’re a kid in America today, chances are that they’ve asked you for an item whose price made you gasp. It could be an American Girl® Doll and accessories, a Thomas and Friends™ train set, a Microsoft® Xbox, or the latest Apple® iPhone.

Say “yes” and you’ll spend hundreds of dollars. It may not be affordable for you to gift something that expensive. Many parents are tempted to put the purchase on a credit card and deal with the payment later. Even if you can afford it, there are reasons to reflect and plan how you will handle the request before agreeing.

Start the conversation about money

A child asking for anything that costs money is an opportunity for financial education. Use your child’s gift request to initiate a conversation about spending, saving and prioritizing. Consider asking your child these questions:

  • How much does it cost?
  • Where will the money come from to pay for it?
  • How do grown-ups earn money?
  • Can you think of ways to save up for this?

For more ideas on how to talk to your kids about money, the Consumer Financial Protection Board (CFPB) has an excellent resource, Money as You Grow. It includes a book club with age-appropriate suggestions to spark money conversations. I also recommend picking up a copy of Ron Leiber’s perspective-changing book, The Opposite of Spoiled: Raising Kids Who Are Grounded, Generous and Smart About Money.

Santa has a budget, too

I’ve always told my kids that Santa represents the giving spirit of Christmas but is imaginary. However, if your kids believe in Santa and have asked for an expensive item on their wish list, talk to them about how Santa has a limited amount of resources to get gifts for all the world’s children. Check out this great interview with personal finance columnist Michelle Singletary for tips on how to explain Santa’s budget.

Have your child research buying options

When my kids ask for a pricey gift or want to purchase a large item with their own savings, they have to do their research first. Ask your child to:

  • Shop around for three price quotes. Show them how to evaluate costs, including shipping.
  • If there are alternatives to their desired version, have them make a grid to compare features and ratings. Ask them to explain how they made their choice of the best buy.

Consider buying a gently used version

If your child is discovering a new line of toy that’s been around for a while, consider buying a gently used version on eBay or your local second hand network. Take Pokémon® cards, for example. For the price of one new “mega” set with 60 cards, you could buy an entire set of thousands from a teenager who has outgrown them.

Sell or give away your kids’ outgrown toys

One family’s cluttered playroom can be another family’s holiday treasure. We’ve been the recipients of many wonderful hand me down toys, including a fabulous kitchen set, dress up costumes, train equipment and Lego® pieces. When your child has outgrown a toy, encourage them to either give it away to a younger child or charity or sell the item and apply the proceeds towards the expensive gift they’ve requested.

Do you have a question you’d like answered on the blog? Please email me at [email protected]. You can follow me on the blog by signing up here, and on Twitter @cynthiameyer_FF.

 

How to Survive the Holiday Break With Your Kids

December 22, 2015

I really do love my kids. But after two weeks of being indoors with them, we both welcome the new school year. I am always on the hunt for inexpensive things to do to keep my kids occupied during this season. Here are some of my favorites: Continue reading “How to Survive the Holiday Break With Your Kids”

All I Wanted For Christmas Was… a Flu Shot?

January 07, 2015

For years my friends and colleagues have been telling me to get a flu shot at the onset of flu season and for years I’ve been ignoring them, reluctant to do so for fear of somehow reducing my immunity to the virus or worse yet contracting the flu from the shot itself.  Now before you start sending me nasty emails telling me I’m wrong, let me just say that the Center for Disease Control has beat you to it. The truth is our family has been relatively healthy throughout the years, and my wife and I figured that all the hubbub over the flu shot was to create demand for something I really didn’t think most people needed.  In fact, the only reason I received my first flu shot last year was to appease my loving neighbor who insisted I get one prior to flying out for business. Continue reading “All I Wanted For Christmas Was… a Flu Shot?”

An Unusual Place to Shop This Time of Year

December 24, 2014

Merry Christmas Eve everyone!  Twas the night before Christmas, and all through the house, not a creature was stirring…except my wife who found herself making an unexpected, last-minute shopping trip because someone forgot to tell her that they needed formal wear for a Christmas concert the next day. While this may cause the average person to recoil in frustration, read on to see how my wife responded under these less-than-ideal circumstances. What she has to say may just be the little Christmas miracle you’ve been looking for this year. Continue reading “An Unusual Place to Shop This Time of Year”

Finding Some Extra Jingle, Jingle For the Holidays

December 23, 2014

As I pulled into the unmanned toll booth on 90W in Chicago recently, I was glad to find I had quite a bit of change in the bottom of my purse since the toll was $1.90 and took coins only.  That got me thinking about all the loose change many people have in their pockets or car cup holders and all the extra coins sitting around in coffee cans, piggy banks, and like in my house – a huge plastic pretzel jar.  The average household has about $58 in loose change based on the typical amount of coins cashed in at Coinstar. Continue reading “Finding Some Extra Jingle, Jingle For the Holidays”

Last Minute Moves to Save on Taxes for 2014

December 22, 2014

I have never been a big fan of shopping during the busy holiday season, where we are all encouraged to buy, buy, buy no matter where we turn. In fact, I personally prefer to do my shopping in the convenience of my home office and avoid the consumer-driven hustle and bustle as well as the traffic. Click, click, done! Continue reading “Last Minute Moves to Save on Taxes for 2014”

The Best Laid Plans…

December 27, 2013

As someone who did some online shopping this year, I read this article about gifts that didn’t arrive in time for gift giving and felt a great sigh of relief.  I can’t imagine getting to my mother’s house completely empty handed on Christmas Day.  The people who ordered their gifts online, with a “guaranteed” delivery prior to Christmas, and didn’t receive their items probably didn’t have the joyous holiday they expected. There was probably a bit of anxiety and disappointment mixed in with their holiday. Not that the season should be all about gifts…but the reality of where we are as a society places an undue emphasis on a commercialized Christmas.  (My opinion!)  This article made me think about not just my view of the holiday season, but of life in general. Continue reading “The Best Laid Plans…”

Did You Find a Little Extra in Your Stocking This Year?

December 25, 2013

As the year winds down, some employees may find a little extra in their stockings this year in the form of profit sharing, year-end bonuses, or other such windfalls.  Such surprises may leave them wondering “What should I do with this?”  Well, if you’ve managed to stay on the nice list all year, here are a few ideas as to what you can do with this extra bit of Christmas cheer: Continue reading “Did You Find a Little Extra in Your Stocking This Year?”

A New Year, A New Attitude About Electronic Games

December 26, 2012

This Christmas has been a little rough on the Ward family.  On the one hand, you love to give your children everything they want for Christmas, but on the other hand, you know that giving your child everything they want is a surefire way to spoil them.  My wife even commented on how she has not had quite the same level of joy this year shopping for the kids as she has in previous years, and when you look around our house and see all the forgotten toys and gifts from Christmas past, who can blame her?  You want to give your kids what they want, but you also want the gifts to be appreciated and to be edifying in some way. Continue reading “A New Year, A New Attitude About Electronic Games”

Merry Christmas!

December 25, 2012

Here’s to wishing all my readers a Merry Christmas and a prosperous New Year in 2013!

Give From the Heart, Not (Necessarily) From the Wallet

December 19, 2012

Christmas is supposed to be a time of goodwill and cheer as families and friends gather to celebrate the holiday.  Unfortunately for some, this will also be a time of nerve-racking stress as they compete with other shoppers to find the best deals on gifts in an attempt to check off every item on their list.  In the end, many will have little more to show for it other than an upset stomach and a large credit card bill.  This year, rather than succumb to the pressure advertisers put on us to buy, buy, buy, let us instead choose to give, give, give. Continue reading “Give From the Heart, Not (Necessarily) From the Wallet”

Don’t Let Your Focus on Today Keep You From Planning for Tomorrow

December 12, 2012

What a great weekend.  As a family, we drove to Bethlehem (North Carolina) on Saturday night to see a live nativity, but what made this trip even more noteworthy was something that happened on the ride home.  As we were driving home, I took a detour to check on the status of my boat at the repair shop.  (Basically, I just wanted to make sure it was still there.)  After putting my mind at ease, we turned around, and I was about to make a left turn back toward the main road when something caught our eye.  Continue reading “Don’t Let Your Focus on Today Keep You From Planning for Tomorrow”

Tips to Keep Your Holidays Debt and Stress Free

November 30, 2012

As I write this, it’s only a month before Christmas and all I’ve seen and heard today are ads about Black Friday & Cyber Monday.  I have to admit that it makes me not want to shop at all this year!  (If you’re on my Christmas list, you might want to read another planner’s blog this week!)  Continue reading “Tips to Keep Your Holidays Debt and Stress Free”

Money is Only Money

December 26, 2011

When I realized that I’d be posting this blog on Christmas, well at least the legal holiday since the spiritual holiday was Sunday, I thought it was a great opportunity to talk about values.  A season of celebration gives time for reflection on what is important to each and every one of us.  Whether or not you celebrate Christmas isn’t the theme here.  What is important is the question, “Why?”  Why are we doing this?  Why are we saving and investing?  Why are we sacrificing for tomorrow?  Why do we have to learn about our benefits at work and plan our estate?  It all seems like a chore sometimes. Continue reading “Money is Only Money”