Is skipping Christmas to save money a good idea?


If you skipped Christmas this year, think of the money you would save.

That's the premise of an interesting story running right now on titled "How Much Money You'd Save by Skipping Christmas." The writer, Kate Adams, concludes that the average family would save $1,000, or $2,000 if they customarily traveled somewhere for the holidays, and then she offers several ideas on how you might invest that money.

It's an interesting, worthwhile financial exercise, adding up what you spend on the holidays and how you could invest it if you didn't, and I'm sure quite a few families this year are asking themselves that question: Should we skip Christmas this year?