The Salt Lake Tribune
Friday, December 19, 2008
Cutting back on Christmas spending
If buying gifts for family has become a major financial burden for you each year, you're not alone. Consumer Reports magazine reports that in a recent survey, families across the country are using some time-honored methods to help keep their spending under control at Christmas. According to the survey, more than one-third of families this year have set a spending limit for gifts, 14 percent are making homemade gifts, and 6 percent have elected not to give any gifts at all. While it's probably too late to make a major change in the way you handle the holidays this year, you could bring up the idea of making some changes for the 2009 holiday season during family get-togethers in the coming weeks.

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About Lesley
   Lesley Mitchell has been a business reporter at The Tribune since 1997, covering real estate, the retail industry, personal finance and economic development. She's been a devotee of frugal living for more than three decades, starting when she was 8 and began washing cars (rain insurance anyone?) as a way to fund her goal of early retirement. A graduate of Utah State University's MBA program, Lesley, and her family, are dedicated to finding creative ways to save money, avoid debt and still have fun.
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   How do you and your family save money? Send an e-mail to lesley@sltrib.com.