Another No-Debt Christmas!

I’m celebrating with my family another No-Debt Christmas!

It was December 2, 2002 when my family decided to NEVER finance our gift-giving again.   We chopped up on credit cards (because we allowed them to fuel our impulsive spending decisions), put together a Mini-Budget to plan exactly how much we would spend for each person, and then followed that plan!

So that has led to No-Debt Christmas events in:

  • 2002
  • 2003
  • 2004
  • 2005
  • 2006
  • 2007
  • 2008
  • 2009
  • 2010

That is NINE No-Debt Christmas times!

We have discovered some key things that have happened during our No-Debt Christmas times:

  • We focus more on family
  • There is less stress!
  • We don’t dread bills in January!
  • We’re able to focus on Jesus Christ – THE reason for Christmas!
  • Our savings have not been impacted because we saved for Christmas every single month of the year!
  • We can participate in giving like never before – because it is the season for giving!

How about YOU?   Is it a No-Debt Christmas for you?   If so, how many years in a row?   What have you discovered as you have experienced your No-Debt Christmas?

Read recent posts


  1. Todd Helmkamp on December 24, 2010 at 7:05 am

    This is our 3rd no-debt Christmas. It rocks! We know how much we will spend on each person, and we start planning early in the year so we can have our shopping done early, so we aren’t running around last minute desperately trying to find a gift. In my experience, that leads to paying to much for junk they don’t want. 🙂

  2. Daphne on December 27, 2010 at 9:52 am

    This is our 1st no-debt Christmas. It was awesome! It felt so nice to finally be able to give something to everyone on our list, and it was also less stressful because we had everything bought and done by the first week of December.

Leave a Comment