December 19, 2017
These days, Christmas doesn’t just come once a year. Christmas is an entire season, like fall or summer. Have you noticed that holiday displays are going up in stores after Halloween these days? That means there’s close to two full months of Christmas to get through, and that can really put a hurt on your wallet.
Even if you don’t celebrate Christmas or don’t feel like you celebrate much, the holidays are a time when extra money seems to go quickly. If you drive around Memphis, it seems like just about everyone has some sort of décor up around their yards. There are tons of lights on the trees and bushes, sometimes accompanied by a big inflatable Santa Claus or eight animatronic reindeer. And even if there aren’t many yard decorations, almost everyone has a big tree in the window, sparkling with lights and ornaments. Cookies are baking in the oven, a fire is in the fireplace, or maybe you’re out with all your family doing some shopping for the long list of people you need to remember this time of year with a trinket or token. Some people are packing to go visit their relatives and loved ones in other cities or states; others are cooking in anticipation of those friends and family descending on their house as a big crowd.
No matter how you celebrate the holidays, it’s more than likely that your holiday expenses have already started to add up. Most of us could use a little relief when the holiday costs start going beyond the budget we’ve made for ourselves. Even when you plan, there can be unexpected costs that you can’t cover. When that happens, a title loan in Memphis can offer you some immediate help!
The Cost of Holiday Gifts for Friends and Family in Memphis
In a recently conducted Gallup poll, it was discovered that the average person intends to spend $800 to $900 every holiday season… just on gifts alone! A fair percentage of people—around 30%—intends to spend over $1,000. Maybe those numbers seem high, but when you have an average family of four, plus extended family members such as grandparents, aunts, uncles, and cousins, you can end up spending a lot even if you’re only spending $100 a person or so. Not only will your family members want things like toys or games (or expensive gaming systems), HDTVs or iPhones, they’ll also be getting things like coats and socks and books and those little fun stocking stuffers that really make Christmas. Even if you celebrate Hanukkah or Kwanzaa, those costs can really result in some severe sticker shock by the end of everything. And that’s saying nothing about other gifts—little tokens you might give to your gym buddy, your neighbor, or whoever just shows up on your doorstep this time of year. You know it happens!
Holiday Dinner and Party Expenses
Here in Memphis we know what good food really is, and during the holidays, we really like to pull out all the stops. But holiday dinners and parties cost money! If you’re hosting a dinner at your home, it’s estimated you’ll spend anywhere from $10 to $25 per person if you’re throwing a full holiday dinner, soup to nuts, ham to cake. There’s wine, soda, and other beverages to consider, and of course you’ll get some flowers for the table, little favors for your guests, and before the meal you’ll serve appetizers, and after you’ll either order a dessert at the bakery or spend more on materials to bake one yourself. The tab at the grocery store can be staggering when you also add in paper plates and napkins so you’re not spending your entire night cleaning up for a crowd.
Costs Related to Business Gifts for Coworkers
Anyone who works in a traditional office environment or a workplace like a retail job knows that there’s always a few extra dollars that fly out of your wallet around the holidays. You’ll need to consider that Secret Santa gift exchange or the traditional office White Elephant party. You might have a favorite co-worker who came through for you this year that you want to honor, or maybe you want to show your boss you care. It’s also nice to bring a holiday treat to share in the break room. If you’re a small business owner or entrepreneur, business gifts during the holidays can be extremely hard on your budget. Industry experts estimate that small business owners can pay up to $750 on gifts for their clients around the holidays. Even greeting cards can take their toll. And if you’re throwing a party for your staff, well, that can run you $1,000.
Leaving Town? Adding Up Holiday Travel Expenses
Sometimes it’s nice to get away for the holidays instead of spending them at home. While many of us like nothing better than to spend the holiday in the living room with everyone, including the family pets, it might be necessary to travel. Even if we’re not talking about booking a Caribbean cruise for the whole family, it might be necessary to travel for the holidays, and that can be a strain on any budget. If you can’t stay with the people you’re visiting, a hotel room can be around $150 a night. Food expenses can be about the same. You’ll also need to think about entertainment, and of course, there’s gasoline for your car or van. If you’re flying during the holidays, well, we don’t need to tell you how expensive that can be.
Holiday Relief with Title Loans in Memphis
Car title loans in Memphis at Mid-South Title Loans can be a Christmas miracle. Most of our loans range from $150 to $2,500. We’ll assess your car and see what we can do for you. No credit or bad credit? Not a problem. We don’t check your credit at Memphis car title loans. All you need is just a lien-free car title and a photo ID.
Get Some Help with Holiday Expenses
It can be easy to get caught up in the details, but truly the holidays are a magical time of year whether you celebrate Christmas, Hanukkah, Kwanzaa, or even Solstice. The holidays are a time where we spend time with our friends, family, and loved ones. That’s worth any price tag, but because we know so much is at stake this time of year, there’s a lot of pressure to make them as merry and bright as we can. Budgeting and watching your bottom line can only get you so far. Even if you meticulously plan for everything, an unexpected doctor’s bill can throw everything out of whack. For times like that, title loans in Memphis are an easy way to make ends meet. Mid-South Title Loans in Memphis offer three convenient locations throughout the Memphis metro area: 1680 Winchester Rd, 4965 Summer Ave, and 2798 S. Perkins Rd. If you’re looking for a title loan in Memphis, you can start the process online by clicking on our Title Loans Online Info Sheet or stop by any of our three Mid-South Title Loans locations in Memphis and see us today.