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Thats a respectable sum of money. I usually go $200, but this year things are going to be extra tight. Actually, my family and I are going to celebrate Christmas after the fact because theres a local auction around where I live that sells new items at rock bottom prices. This usually happens after Christmas, because everyones already spent all of thier money.
On average, my annual christmas budget is usually around $500. I usually do try to seek out a good deal here on there. I also do try to treat myself to something since it's the end of year if my budget allows me to.