Free Christmas Budget Templates in Word & Excel

Download the Free Christmas Budget Template to help you celebrate your Christmas this year. You can also check out our collection of Event Budget Templates.

Most Christian celebrants spend the happiest days of the year with Christmas because it is such an important occasion. This is also the season for meeting all the home family, all the relatives, and all those old friends. If you are one of those who love inviting others to your house for a meal on Christmas, then arrange a party that all your friends and family members can celebrate together eating delicious food. At the same time, one must understand that a Christmas party without planning financially can mean disaster. Hence, you must prepare a budget for this occasion which you are planning for Christmas.

Importance of preparing Christmas Budget:

It is straightforward to understand that if you don’t consider the expenses you make on Christmas, you can get into a lot of debt that will be very hard to cover if you only have limited income resources. You may not think about Christmas as an expensive time of the year, but it is the reality that when you arrange for parties, prepare meals for the guests, and arrange for gifts, it can take even thousands of dollars. Use Christmas budget planning to ensure you don’t spend more than you can afford.

Useful tips for preparing a Christmas Budget:

1. Calculate the money that you have:
   The first thing one should do before commencing the planning or performing any action is calculating the money that one has or is willing to spend during Christmas. Under this step, one can either take a portion of the monthly salary as by December or by using a savings account in which he/she has been keeping money for the whole year. In any cases, it is necessary to check the amount of money available for Christmas spending.
2. Talk to your Friends and Family Members about Gifts:
   If you think you can’t afford expensive gifts for your family members and friends, you should talk to them and explain to them why you want them to stick to minimum-budget gifts. This way, you don’t look bad with less expensive gifts when everyone else brings really expensive gifts.
3. Organize just a Catch-up Christmas:
   If you estimate that you can’t purchase gifts this year, it is not very bad and you can still enjoy a good party with your family and friends at your house. Tell your friends you want to organize a catch-up Christmas party this year where you don’t bring gifts but share a meal.
4. Purchase Gifts when they are on Sale:
   If you want to get gifts for your family members and friends, don’t wait until December but keep an eye around you so that when there is a sale, you can buy stuff that won’t cost you as much near Christmas.
5. Make your Gifts and Decoration:
   If you don’t want to buy gifts for your friends or you can’t afford to buy gifts this year, you can also make gifts by yourself. Take a look on the internet and find creative gifts to make for your family members and friends. In the same manner, you can also make your own Christmas party decorations.

Free Christmas Budget Templates

Christmas is as much a herald of the new year as it is a herald of celebration. It brings along happiness, fun, good luck, and bundles of love. There may be major events for Christians, but it will be celebrated in all houses. It has to be a grand feast for the birth of Jesus Christ and thus requires a lot of preparations and pre-planning. Preparations had begun a month before and went on to the 25th of December. Since it ranges so close to the new year, it doubles the celebration, and the people enjoy every bit of it in the festive atmosphere, at its full swing. The most important of all is to prepare a Christmas Budget. As the festival is all about bringing peace and sharing happiness, gifts and other exchanges of items are among one and all-a long list of things that have to be managed within it; thus, preparing a Christmas Budget is mandatory.

Download the Free Christmas Budget Template that can easily help you to prepare your own Christmas Budget effectively.

 

Preparing a Christmas Budget is not that tough when you follow the guidelines elaborated. First of all write down all the major things that you need to buy. Make sure you prioritize the list, and also do not forget to mention quantity and price. Make different sections in your list for gifts, cards, decorations, food items, etc. The more the segments are created as needed, the better. After all, it is a day of many festivities, so lots of expenses come up. Thus it would be wise if you create your budget in an orderly fashion.

The upper area of the budget states the total expenses encompassing all major components. Meanwhile, the below sections are allocated for gifts, decorations, kitchen supplies (in terms of food and cake), and other necessities. Opposite this column, three more columns; to enter the actual cost, one for the estimated cost, and finally, the difference. Update the Christmas Budget with each purchase. A check box may be incorporated space on the top-hand corner indicated for marking the number of gifts that have been bought. It is advisable to color-code the numbers in the difference column in green or red. Green numbers signify that there is a cash surplus,i.e., the actual cost incurred is less than the estimated cost.

The Christmas Budget can be set up in an Excel sheet, a Word document, on the cell phone, or on a scrap of paper. If you elect for the electronic mode, your work will always be a breeze, fast and easy, and with the least chance of human error. Further, you can also e-mail the budget to any of your friends or relatives with ease. Also, feel free to add certain details such as wh0m do you plan to gift along with their quantity. The more detailed, the easier it will be to work out with. A Christmas Budget should be prepared and updated, at times, at least one month prior to the festival date. Adhering to these guidelines will assist you tremendously in wise and smart creation of a Christmas Budget. It is widely accepted that a budget is workable if the estimated cost almost coincides with the actual cost.