How to Have a Happy Holiday in a Down Economy

As people feel the financial pinch of a down economy, thoughts of holiday festivities may feel like a mixed bag. Sure, you want to enjoy the season, but you’re cutting back this year, right? So how can you celebrate without gifts-o-plenty?

Rather than feel guilty that you won’t be buying your child an Xbox 360 or surprising your mate with a special extravagance, step back and look for the deeper meaning of your celebration.

One meaning is that building a happy life has less to do with material goods and more to do with your relationships. Yes, you’ve probably heard this before, I know, but science shows that relationships are a key to happiness, regardless of your income.

In one study, psychologist Ed Diener found that homeless people in Calcutta are happier than the homeless in America because they have a stronger circle of caring people in their lives, and that soothes the emotional strains of poverty and boosts their feelings of self worth.

This holiday season ask yourself: how can I strengthen my relationships and celebrate without overspending?

Here are five tips:

  1. Write a personal letter to family members telling them why you love them or thanking them for what they’ve given you.
  2. Give a framed photo of you with the people you care about most.
  3. Have a potluck dinner with family and friends.
  4. Share a gift exchange with presents of $10 or less.
  5. Make homemade gift certificates redeemable for a special lunch together.

By Darlene Mininni, Intent.com

Photo courtesy of Intent

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