LIFamilies.com - Long Island, NY


RSS
Articles Business Directory Blog Real Estate Community Forum Shop My Family Contests

Log In Chat Index Search Rules Lingo Create Account

Quick navigation:   

If you keep a monthly budget...

Posted By Message

NovMom
LIF Infant

Member since 3/09

118 total posts

Name:

If you keep a monthly budget...

How much do you allot for gifts? Some months nothing is happening - some there's something every weekend. $200-$300? Too much? Too little?

Posted 4/1/09 12:54 PM
 
Long Island Weddings
Long Island's Largest Bridal Resource

MarathonKnitter
HAPPY

Member since 2/07

17374 total posts

Name:
EMBRACING CHANGE

Re: If you keep a monthly budget...

this is how i do it:

estimate how much you need for the whole year. holidays+birthdays+a little more for unexpected events. then i divide that by 12.

if i don't need it this month, i just leave it be until i need it.

hope that helps

Posted 4/1/09 1:01 PM
 

Nifheim
allo

Member since 1/09

5476 total posts

Name:
Jennifer

Re: If you keep a monthly budget...

i save about $20 a paycheck for the entire year (twice a month) it covers mostly everything. I sometimes dump a bit more come xmass time but that is only if i have extra money elsewhere

Posted 4/1/09 1:03 PM
 

LoveyQ
Stalkers, get a life.

Member since 11/07

12820 total posts

Name:

Re: If you keep a monthly budget...

We actually don't have anything down on our budget for gifts - I was thinking of doing something to save for Christmas gifts since we tend to have a lot of expenses then and no specific savings for it.

I think it would be a good idea to put aside a set amount per paycheck for Christmas and bday/etc gifts. Hmmm.

Posted 4/1/09 1:33 PM
 

MrsFab
this is bliss.......

Member since 10/08

1234 total posts

Name:
Mb

Re: If you keep a monthly budget...

I never thought about adding it- just not sure how I would- things seem to spring up and the costs can vary depending on the event and our relationship to the person

Posted 4/1/09 1:53 PM
 

MissRadiant
Happily Ever After

Member since 9/08

2534 total posts

Name:
N

Re: If you keep a monthly budget...

We add in the gift depending on the occasion not on an monthly accumulation basis. When the holidays come we start putting money aside earlier. Let's say this month we have a wedding, we will include the wedding gift in the budget for this month. Last month no events- that money goes into savings.
(I also break the monthly budget into weekly budgets. It may seem a little OCD but it works GREAT)

Posted 4/1/09 2:00 PM
 

JenMarie
One day at a time

Member since 11/07

7397 total posts

Name:
Jennifer

Re: If you keep a monthly budget...

I don't have a separate category for gifts in our budget. Each week I take $20 out of my weekly "allowance" and put that aside for Christmas so we don't feel a big hit come the holidays.

Posted 4/1/09 3:01 PM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: If you keep a monthly budget...

I have a misc. category

Posted 4/1/09 4:52 PM
 

twiceasnice
LIF Adult

Member since 2/08

1126 total posts

Name:

Re: If you keep a monthly budget...

Posted by libby2595

this is how i do it:

estimate how much you need for the whole year. holidays+birthdays+a little more for unexpected events. then i divide that by 12.

if i don't need it this month, i just leave it be until i need it.

hope that helps



Same here.

Posted 4/1/09 5:05 PM
 
 

Potentially Related Topics:

Topic Posted By Started Replies Forum
Is budget billing worth it? btrflygrl 3/21/06 18 Home
Trying to make a budget..... KittyCat 2/1/06 6 Families Helping Families ™
Budget Kit on Dr Phil NASP09 1/28/06 16 Families Helping Families ™
Save a little monthly vs. Buy and save nothing?? KAAM 1/22/06 9 Home
setting up budget christy 1/16/06 3 Families Helping Families ™
BUDGET but great Holiday Wrapping Paper Site patti08 11/10/05 0 Families Helping Families ™
 
Quick navigation:   
Currently 433919 users on the LIFamilies.com Chat
New Businesses
1 More Rep
Carleton Hall of East Islip
J&A Building Services
LaraMae Health Coaching
Sonic Wellness
Julbaby Photography LLC
Ideal Uniforms
Teresa Geraghty Photography
Camelot Dream Homes
Long Island Wedding Boutique
MB Febus- Rodan & Fields
Camp Harbor
Market America-Shop.com
ACM Basement Waterproofing
Travel Tom

      Follow LIWeddings on Facebook

      Follow LIFamilies on Twitter
Long Island Bridal Shows