Black Friday, Small Business Saturday, Whatever it is called Sunday, and Cyber Monday are now part of history for 2015.
My family managed to mostly stick to our spending plan for Black Friday. Other than an unplanned pair of softshell pants we stayed on track and returned from Black Friday in Spokane with exactly what we wanted and needed.
Did you stick to your spending plan? Did you get derailed and overspend?
If you stuck to your spending plan – great! – now remember to stick to your spending plan for the approaching holidays. It can be super easy to stick to your plan for Black Friday, then have an overspending explosion as you get ready for Christmas.
If you ended up overspending this Black Friday – don’t let it have a huge impact on you – don’t let feelings of guilt (why did I buy so much) or panic (how am I going to pay for all of this stuff) take over. You still have time to get on track and follow a Spending Plan for Christmas and the New Year.
The key to building a solid money foundation is to build on your successes and learn from your mistakes (not beat yourself up about them).
Whichever of the above categories you fall into it is time to move past Black Friday and look towards Christmas and New Years, and how you can control your spending during one of the most expensive times of the year.
Four Steps for using Positive Emotions to Control Your Spending this Christmas
(Note: this video is the first step from my larger online progam Pay Cash For Christmas which you can check out here )
Overspending happens when you focus on the things you are buying and not the positive emotions and experiences you want to generate with your purchases.
Remember: You are buying experiences not things.
Use the following steps to link your spending to the Positive Emotions you want to create this holiday season:
- Download your free “Creating Your Positive Emotions Statement Action Book”.
- Watch the “Creating your Positive Emotions Statement” video below.
- Complete the steps in the “Creating Your Positive Emotions Statement Action Book”.
- Use your Positive Emotions Statement to help you control your spending this holiday season (more on this after the video).
- (Check out the full “Pay Cash for Christmas Program” to create a complete Spending Plan for the holidays).
Creating Your Positive Emotions Statement Video
(For best viewing select “HD” and watch in full screen mode)
Using Your Positive Emotions Statement this Christmas
These four steps will help you create a Positive Emotions Statement that will link the emotions that you want to experience with the stuff you think you want to buy. Getting clear on this link between things and emotions will help you focus on what is important, cut back on what you buy for the holidays, and save money as 2016 approaches.
To use your Positive Emotions Statement while shopping for the holidays use the following steps:
- Memorize your Positive Emotions Statement, or, write it on a sticky note and attach that sticky note to your credit card.
- Go shopping.
- Every time you are about to make a purchase (no matter how big the savings) ask yourself:
- If the purchase helps you achieve your positive emotions, then proceed, whatever you are buying matches what it important to you.
- If the purchase does not help you achieve your positive emotions, put it back on the shelf, and keep shopping.
- Repeat for each purchase, big or small, you make this Christmas.
“How is buying this thing helping me experience the emotions in my Positive Emotions Statement?”
By filtering each of your purchases through your Positive Emotions Statement you are making sure that your shopping trip is supporting the larger purpose of making you feel the emotions that are important to you, instead of just filling your shopping bags with stuff.
In the end, this Christmas, you will not only save money, but feel better about each of the purchases you do make.
And, you will start 2016 with less debt to distract you from your New Years resolutions.