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Tag Archives: holiday spending plan

Financial Lessons from Clark W. Griswold

Since it’s Christmas Eve, I hope you are enjoying your time rather than last minute shopping. One of our favorite things to do during the holiday season is to watch  Christmas movies. At the top of the list is Christmas Vacation, one of my all time favorites. If you grew up in an Amish family and haven’t seen it, this movie is a comedy starring Chevy Chase,and it is about his misadventures in trying to achieve the perfect family Christmas. I’ve probably seen it 50 times, but still laugh at all the classic scenes. Although the movie is all in good fun, for us finance geeks out there, we can learn some financial lessons from Clark W. Griswold. Don’t Overspend on Christmas Decorations One of the most memorable scenes in the movie is when Clark lights up his house for Christmas. It has inspired many terms of endearment toward those who tend to over decorate. In reality, you don’t need that many lights, and Clark runs up a huge electric bill. Switching to LED lights might also be a good option, but those weren’t available in the 80’s. Clark does make up for his electric bill by cutting his own ...

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“Twas The Week Before Christmas”

This is a guest post. If you would like to submit a guest post, please read this policy and contact me. AKA (Holy Cow! I have to buy what?) I know, it seems that Christmas always ‘sneaks up on people’.  The funny thing is, Christmas is the same time every year.  So what winds up happening is that thing called ‘Life’.  Other priorities, other “Gotta Do’s” gotta get done and like the old saying goes “If it wasn’t for the last minute, nothing would get done”.  But before you go out doing that last minute Christmas Shopping, stop and think not just about what needs to be done this week, but let’s take a second and plan for next year and add some thoughts about what to do for this year. Odds are, if you’re reading this, (Thank you Kim, BTW) you have at least a passing interest in keeping an ‘Eye on the Dollar’.  In the hopes of keeping you from spending much more than you need at the last minute, let’s do two things in the few minutes we have together. 1.  Take stock of our ‘needs’ and ‘wants’. Of course it’s easy for me to say that, because we ...

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