How do we stop spending thousands on wasteful gifts each year?

How do we stop spending thousands on wasteful gifts each year?

Christmas gifts

Whether you love or hate Christmas shopping, most of us are obligated to spend thousands each year on what ultimately leads to billions of tons of landfill the following year. And it’s not just Christmas. It’s the birthday of every kid in your child’s class. Easter, Halloween, Valentines, the list goes on. Endless consumption of balloons, streamers, glitter, and glow sticks.

How do we end this cycle of madness? The key is early communication and setting precedents. Wait till Christmas to tell your sister’s 5-year-old that Santa didn’t come this year and you’re up a creek without a paddle.

How to reduce your Christmas spending

It’s all about managing people’s emotions and expectations. At your family Christmas gathering, after lunch and gift opening, when all are feeling rather jolly, raise the subject. Always have an angle that’s for the greater good like saving the planet. Never revert to selfish arguments like saving money. Don’t get personal either (Sally, this plastic crap ends up in our bin on boxing day).

Instead, mention that your New Year resolution is to reduce consumption, protect your children’s future and teach the next generation good habits. Propose a new gift giving tradition. It could be doing something nice for each other each year, a donation to a charity, a secret Santa setup, making gifts instead of buying, whatever will work for your family dynamic.  Approach the dilemma in this fashion and you’ll be pleasantly surprised by the buy-in from your family and friends.

Happy holidays!

Similar posts you may like

  • Omicron – Will the ASX crash?

    A new strain of COVID-19, Omicron, first detected by virologists in South Africa threatens to derail the fight against the pandemic around the world Read more

  • Netflix Tax – Gst

      Netflix Inc. is an American multinational entertainment company founded in 1997, in California by Reed Hastings and Marc Randolph. It specializes in streaming Read more

  • The Bachelor Tax of 1927

         A bachelor tax is a tax imposed on bachelors. The historical motives for imposing a bachelor tax have varied greatly from encouraging Read more

  • Improving Customer Traffic Flow

    The layout of your retail store determines the way that traffic (customers) flows through your establishment. The better you understand retail store traffic, the Read more

"You’d be stupid not to try to cut your tax bill and those that don’t are stupid in business"

- Bono: U2