Quote:
Originally Posted by DrPhil
No.
If budgeting money when "money is tight" means living paycheck to paycheck, the presents should not be bought.
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What I said was that the woman never claimed to be living paycheck to paycheck. My point was that the phase "money is tight" is a very lax term, which may be used even by someone who we wouldn't consider as not being wealthy.
Even if somebody was living paycheck to paycheck, I don't see any crime in tightening money which would go towards other possible things and using it towards Christmas. I could honestly see a somewhat detrimental effect on a child if they grew up in a household which didn't have a Christmas celebration, when everybody around them was. That’s something a child would honestly remember forever. I'm not talking about an absorbitant amount of money, I'm talking about maybe $100 budgeted towards Christmas.
This term is thrown around a lot and sometimes refers to not having as much money as the individual may have in the past, but it doesn't necessarily mean you are living paycheck to paycheck.
I'm a broke college student. I'm still debt free, and would have no problem spending what I would consider large amount of money. The other day I just happen to spend $175 on some sneakers, and not a money trouble in the world. But even I consider my money as still being tight. Odd thing is, I’ve heard people say buying sneakers for $175 is dumb, but is it no different then buying that $400 X-Box, or that $600 handbag?