Christmas Amendment

In the spirit of the season, and rejecting the spirit of materialism, I propose the following amendment. Gifts may be exchanged if they fall under the following guidelines.

I will not be offended if I don't receive any gifts. 

Presents can be homemade.

Gifts can be bought second hand, as long as I will not be offended if they get re-donated.

I can purchase gifts that are locally made/grown. For example, items from the farmer's market or craft fair.

Presents can be something that you know the person really needs or wants (for example, socks).

Let's appreciate this Christmas season together! 

Signed

___________________

My sister wrote this up two months ago on a scrap sheet of paper. At first it was just an idea, but each of my immediate family plus my sibling's room mate plus my boyfriend signed it. It's only binding to those who enter the agreement. It might sound a little Scrooge-like, but it makes you re-evaluate the whole Christmas thing. 

What do you hope to get out of celebrating Christmas.

With times a bit tighter, out of  our family of  seven, plus the two extras, only two of my younger siblings are regularly employed. My Dad and brothers are waiting to sell a house. The room mate generally doesn't work and my boyfriend and I are both full-time students.

That's not really why this amendment has made us rethink the season, though. We don't need just more stuff. We don't need to just purchase to fill expectations. There has been some incredibly creativity, and a little bit of socially conscious purchasing going on in this household this season. I still have a few friends I shopped for more traditionally... But this Christmas is going to be a little simpler and, in some ways, a little more meaningful.

I absolutely love this time of year! 

However you celebrate, I hope it's an excellent holiday for you! 

Merry Christmas

Debt: A Crisis I Can't Make Sense Of.

There are several many things in life, in our society, that I don't even pretend to understand.  Our disrespect for our elders.  Our tendency to be workaholics.  Our willingness to cheapen so many experiences.  Our fear of death.  Even the ones I engage in I don't understand.

But this post is about debt.  I just don't get it.  We're a society driven by the stuff.  When I Google "Average debt in the Canadian household," the front page is full of articles on how Canada's average debt surpassed $100,000 this February.  One.  Hundred.  Thousand.  Dollars.  On average!  Americans are in even worse shape.

Why are we okay with this?

Back in the day if you wanted more land you went out and grew some wheat and if your crop succeeded you expanded.  If you didn't have a crop and you needed a new jacket you went out and harvested someone else's until you got paid and then you bought what you needed.  I'm sorry, but doesn't that make sense?

The worst part is we're not even over our heads in order to put food on our tables.  We're buying homes that are significantly larger then they were just a decade ago.  We're charging brand-new clothes and restaurant meals on credit cards that have interest rates to the tune of 20%.  Twenty.  Percent.  Is that annoying?  I can quit spelling it out like that.

I don't mean to be down on anyone who lost their job because of the downturn and can't find other work.  Or any American with unexpected medical expenses.  Or the single Mom, or someone reeling from a nasty divorce.  Or the student who got in over their head.  But where do we draw the line?

Some debt makes sense.  A mortgage on a basic home, for example (take into consideration, first, housing prices).  Also certain small business loans.  Let me put a disclaimer here:  I am not a gambler by nature and I will never treat my finances like I am.  Low risk, low reward.

I'm also not an economics expert.  I almost definitely make less money then you.  I don't fully understand credit scores or RRSPs.  I do have the advantage of not having to pay for a degree at a prestigious school.  I live in a small home with a room mate.  I drive a car from 1998 that I work on myself and sometimes I buy clothes from a thrift store.

But I live very comfortably.  Admittedly, I don't have children and I live in a low-cost part of the country (read: rural).  I prioritize.  I get a thrill out of saving.  I also travel extensively, but cheaply.  I choose to go through periods without steady employment.  I volunteer.  I market farm.

I know, I have the luxury.  I live in a prosperous society.  But I could live for years on what my fellow countrymen owe, on average.

I work and then I buy the things I want.

Doesn't that make sense?