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"Christmas is the season when you buy this year's gifts with next year's money"

  1. Rakshanda profile image59
    Rakshandaposted 6 years ago

    "Christmas is the season when you buy this year's gifts with next year's money"
    Is it True with you?

    I shared solution of this problem on my 1st Hub smile Glad To listen your feedback and comments to it smile

  2. thearbiter0808 profile image59
    thearbiter0808posted 6 years ago

    Most probably yes. For one, the gifts I bought are paid through credit cards. It is not something I saved for months. In the end, I will have to keep on paying for my debts in the following months.

  3. samtenabray profile image61
    samtenabrayposted 6 years ago

    This statement is so true to a lot of people!

  4. helmutbiscut profile image74
    helmutbiscutposted 6 years ago

    Not true for my family.  We cancelled our credit cards years ago and pay cash for everything.

  5. weightlossnstuff profile image72
    weightlossnstuffposted 6 years ago

    Not true for me.

    If I don't have the money in my bank to buy present's I don't buy them. Simples. Last year when I was just setting up my business I told everyone not to expect any pressies from me. It was hard because I love giving presents but not as hard as being in debt. Credit cards are great if you can afford to pay them off the following month and not let the amounts accumulate.

  6. nightwork4 profile image60
    nightwork4posted 6 years ago

    not in the least. christmas is the one time i don't use credit cards or overdrafts. we only pay with cash for the gifts we buy and my wife is smarter then me, she starts buying gifts in september or earlier. i will finish shopping on the 24th of december.

  7. athena2011 profile image57
    athena2011posted 6 years ago

    I guess in the past this has been true for me. Now, I shop throughout the year for gifts so it's not an all at once expenditure of next year's money anymore.

  8. Cardia profile image94
    Cardiaposted 6 years ago

    Not true for my family, at least. We normally refrain from using the credit cards, especially during the holiday season, we'd only use it twice or three times at the supermarket.

    However, in Barbados, nearly everyone goes all out for Christmas, and in January, shops are practically empty, haha. January is known to be the looongest month because of this.