Once you’ve declared bankruptcy, it may seem like the holidays will be empty while you try to rebuild your credit and get back on your feet. But, this doesn’t have to be the case! Here are some tips for making the most of the holiday season, even though your credit may have suffered in the past.
Keep it Simple
If your family is used to a pile of presents, it can seem like everything will be ruined. And, while there’s some credit freed up for purchasing, it still isn’t a good idea to go crazy and spend more than you can feasibly pay off.
Do a Secret Santa by having everyone pull one person’s name out of a bowl. They are responsible for finding a gift for that person. To keep things fair, it may be a good idea to put a cap on the amount of money that may be spent.
Another option is to have everyone look at Pinterest or search through holiday magazines for crafts and other ideas. Handmade gifts require much effort and thought, and they can be just as nice as store bought ones.
Party Down, Reasonably
If you have a big party every year, or even just a small get together, you may think the whole thing has to be called off in the name of saving money and rebuilding your credit after filing bankruptcy. There are options, though.
Host a potluck and have everyone bring a dish or a drink to contribute. This way, you’re spared the cost of providing all the sustenance for a crowd. Rather than bringing in live music, put on a holiday Pandora station or a mix of songs you like. It’s definitely still possible to have a good time, and a party, even when you’re keeping excess spending to a minimum.
For more information on filing for bankruptcy, contact a trustworthy Dayton bankruptcy attorney.