I hear you screaming, “NOT YET!!!” because it’s only October 1 (or 1 October, if you live in England). But talking to your friends and family about Christmas NOW will save a heck of a lot of hassle, misunderstanding and misspent money later on. Be honest about your finances. This Christmas, more than any Christmas in decades, most people are not going to be able to afford to buy lots of gifts or throw lots of parties. You can still celebrate Christmas (or Kwanzaa or Yule or Chanukkah) but not spend the money that you have in years past.

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