Guest – Karen Collacutt
When is it time to update holiday traditions?
Everyone loves the holidays, which are all about family and traditions. We (women) often try to do too much, and we get so tired we can't enjoy the holidays ourselves. That’s why we’re hosting experts to share 24 holiday tips to help you re-balance how you spend your time and money during this holiday season. We hope you enjoy these tips about planning and changing holiday traditions so you have a relaxing and enjoyable holiday!
Favorite Holiday Activity
Karen and her Mom have hosted a cookie exchange for many years. She loves saving time by only having to bake one cookie recipe, and spending time with friends she doesn't see often enough.
3 Tips: Renegotiate Your Holiday Traditons
Karen, KarenCollacutt.com, is a money coach who's passion is helping people “make friends with their money”. There's a lot of pressure to spend, spend and spend more over the holidays but Karen knows that many of these habits are unspoken – who you need to buy gifts for, who's hosting holiday meals and who travels so family can get together.
That's where Karen's tips for the holidays can make a huge difference in your life, so listen to the recording and here's a quick summary of her tips:
- Make a list of planned holiday spending. This includes gifts plus the tree, new decorations, food, booze and travel expenses. Estimate costs for each item and then …
- Evaluate how much you're planning to spend for the holidays. You can decide if the holidays are more important than other goals like remodeling the bathroom, or a summer vacation … and save your money, instead of paying off credit card bills come January.
- Renegotiate with your family, and change your holiday traditions to fit today's priorities … and maybe it's time to start some new traditions? Karen shared examples – as her extended family grew, they decided that each adult would get a single family gift; another family decided to alternate traveling to parents one year, with staying home the next year.
You can listen to Karen and I talking about her tips, by clicking the recording …
Most Important Holiday Goal
Karen loves spending the holidays with family and friends, slowing down and really connecting. This means time sitting by the fire, walking in the snow, sharing meals and generally have fun in a cozy, relaxed environment.