Christmas is expensive! Even if you have a frugal gift budget there are tons of other little expenses that crop up during this time. Household decorations, new clothes for parties and pictures, travel expenses if your family is out of town, Christmas cards and postage, groceries for those fancy dinners. There is nothing worse than the January Christmas Cash Hangover! I like to make a budget each year and look for ways during the last quarter to skim that money out of the regular budget. I make an Excel spreadsheet and list every expense in one column and the estimated cost in the next. In the third column I try to track my spending so next year I know how close I came to my budget.