Have a Holly, Jolly Debt Free Christmas- Part 3

This is Part 3 of an 8-part series guiding you to create a debt free Christmas. You can find part 1 and part 2 here. Each week we will introduce you to progressive steps you can take to create a holiday season that is meaningful, authentic, connecting AND debt free. Yep… it’s really possible.

For a more comprehensive look at the steps, sign up for our FREE 5-day email course, Take Back the Holidays – Guiding you to a Debt free Christmas by clicking here. You’ll receive a daily email with access to the private FB group and some amazing bonus material to ensure you wake up on New Year’s Day without a penny of additional debt! But, what you will have is a pile of gratitude, and deep, lasting calm.


Now that you’ve worked through (part 1 and part 2 of this series) what you actually want your Christmas season to look like; you know – that big, beautiful, meaningful, amazing, debt free vision of yours; it’s time to make a plan.

You may know this already, but another word for a spending plan is a budget.

Did I lose you there by saying budget? A budget doesn’t have to be a bad word! I promise!

I’ve said this before, and I’ll say it over and over again. A budget actually creates the freedom and beauty you’re so craving for your life. As Picasso so eloquently stated above, a budget is THE way for you to “vigorously act…” on your vision! Your budget is the route to your success!

I promise, if you take the 30 to 60 minutes it will require for you to create your holiday spending budget, it will make your vision SO much more attainable. And isn’t that vision the reason you’re here? So you can create memories with your family, not anxiety? And, so you can wake up on Boxing Day without shopper’s remorse and credit card debt?

OK, let’s do this!

[If you’d like a printable budget worksheet, you can purchase my “Take Back Your Holidays” Workbook HERE.(use code GWREADER for 25% off). AND, if you sign up for my “Holiday Challenge” using the form below, you’ll get the opportunity to get 50% off the workbook – for only $5! That’s about the cost of a super-sized gingerbread latte!]


With your visioning in hand (not sure what I’m talking about? Visioning is what we did in part 2 of this series – go read that first and then come back here), it’s time to bring some awareness to the fact that money is associated with nearly every aspect of our choices, hopes and dreams. In other words, it’s time to make a budget.

Don’t fret, dear one, like I said earlier, a budget is not a bad word. It’s a tool. Period. And, it’s a tool that liberates, empowers and supports your dream of a debt free Christmas. I promise.

Here’s an image out of the Holiday Workbook (which you can purchase here) so you can get a clear idea of how we do this as a family! And, how to best set up your own budget!

In short, read through your vision statements for Christmas and make a list of the activities, items or events that have a price tag. Then, make a real-life estimate of that price tag. This is not the time for fanciful thinking or minimization. This is the moment – THE moment – where you get to change the way things have been so that you can make the things you want.

Be real.

Then, total up your costs for your debt free Christmas. How much money do you need to have in order to pay for everything in cash? You have until December 25th. How many days do you have to save all the money you need?

When I calculated the “Monthly Savings Amount” in the example above, that was in October. So I divided my total by 3 because I had 3 months left until Christmas. You could divide by the number of days or weeks if months doesn’t work.

Now, ask yourself, is this budget realistic? Will you stop spending in other areas of your life to make this debt free Christmas vision happen?

Just ponder for a bit, and we’ll get deeper into figuring out how to find the money in part 4 coming out on Friday! See you there!

Also, please don’t forget to share what you’ve come up with in our private Facebook Group. We would LOVE to hear from you over there!

Rooting for you friend,

DebtOlivia Zurawski