Planning for Christmas

I have not planned for Christmas this year like I should have. However, I’m starting to plan now. Better late than never, right?

My union recently came to an agreement with our district for a raise, part of which was retroactive to last year. We also negotiated a higher cap on our healthcare costs. After all is said and done, I am expecting a retro check of about $1000. We also have about $200 in Amazon gift cards waiting to be redeemed.

Part of my retro check will be used to top my emergency fund back over $10000 and then the rest will be used for Christmas shopping.

All told, I should have about $900 to work with for Christmas, which isn’t too bad as I’ve already purchased several gifts. I’m done with my dad, almost done with my mom, and have bought about 15 other peoples gifts. I’m estimating I have about 40 people left to buy for. (I know that sounds like a ton, and it is!)

I’m planning to do joint gifts for couple this year. Once the retro check actually comes through (probably in late October or November) I will actually be able to make the purchases and finish up Christmas shopping.

The only problem with my plan? I’m spending money I don’t have. This is all hypothetical. My union needs to approve the contract. My district needs to disburse the retro checks in a “timely” manner and I would need to be diligent with the money I receive.

If I stick to this plan, our Christmas shopping will be paid for in cash. We will not add to our debt for Christmas this year and that would be awesome.

For once, I hope my plan works out exactly as it is planned! I hope we get the money when we should and it’s as much as I’m expecting and it’s enough to cover the rest of our Christmas shopping!

As always, wish us luck!