Which do you prefer during the holiday season — giving or receiving?
I have a heightened sense of my spending during the holiday season. Toys for the kids, gifts for friends and family. It can all add up quickly. Add on charities and the desire to help others, and it becomes the time of year money seems to leave my pocket too easily. I love the joy the gifts bring to my loved ones, and how donations can help others, but do not necessarily look forward to the pending credit card statement that follows.
My oldest son decided he wanted to get a gift, with his own money, for his younger brother. He accompanied me to the mall so he could get some ideas. My youngest son is into geography and when we came across a map store we knew we wouldn’t leave the mall empty-handed. The store was filled with amazing gifts — maps of every country, globes, travel books, pictures, and more. It was a bit overwhelming. He decided to get his brother a map of Australia. My youngest has always shown an interest in visiting there. The map cost $25. There was a cheaper version of the same map, but the one he had chosen was lamented and would last for much longer. He took the map up to the counter, looked at me and said, “Am I really paying for this?” To which I responded, “Yes.” You could see his inner turmoil — wanting to get his brother something he would love, but struggling with parting with his money. He took a deep breath, pulled out his money and handed it over to the cashier. As we walked out of the store he leaned over and said, “That hurt.” “What hurt?,” I asked. “Spending that much money,” he replied. I understood what he meant, sometimes, even when we want to be generous, it can make us feel uncomfortable — especially when you’ve worked hard for the money and saved it over a long period of time as he had. We walked out of the store, and my son immediately headed to a sports store. He found a cap he wanted, went to the cashier without even looking at the price of the cap and had them ring him up. This time the total came up closer to $40. $40 for a cap? I thought. I would think twice before dropping that much money on a hat…it seems like a rip-off. Yet, my son was perfectly happy to part with that much money for it. I couldn’t help but contrast the two situations — one was about being selfless and giving, the other was about self satisfaction. One caused him angst and one didn’t phase him. Interesting.
When I was a child, I really liked getting gifts at Christmas. I didn’t learn about the joy of giving until I was a teen and finally had enough money to spend on others. I can remember saving up my money to buy my sister a leather jacket. It was expensive — way more than I could really afford (and wouldn’t have been able to without the concept of lay-away), but there was something that really drove me to get it for her: 1) I really wanted to see the surprise and joy on her face, and 2) prove to myself that I could buy gifts like this for someone else — and a thrill in my fiscal abilities. Wow, I was just able to figure out how to finance a nice present without going into debt. It felt great! I wondered what drove my son to part with his money. As an observer, it felt more like something he wanted to do, but he didn’t like the feeling of spending his hard earned money. Giving shouldn’t hurt, or give you pause or cause you angst. I do hope one day he’ll experience the joy in giving — and that parting with your money can actually feel good through and through.
Happy Holidays! I will be off for the next few weeks to spend time with family and friends and will be back in January.