10 Reasons Santas Broke This Year

1. Santa Spends More Than He Makes

Santa's paychecks are nothing to sneeze at, but he stays focused on his next raise. (Yes, of course Santa gets a raise each year!) He has no idea what it costs him to live the Santa life. He doesn't track his earnings nor his spending. Santa's got to provide for his reindeer, his horse and his North Pole home - just like the rest of us.

2. Santa Has No Emergency Account

Santa's transportation tends to break down right in the middle of major blizzards. Only last week, he had to whip out his credit card to pay for sleigh-towing. When Santa finally made it to the repair shop, he again had pay for the sleigh repair with credit. Just last year, he nearly had frost bite after his brand new sleigh had broken down.

3. Santa Lives Paycheck to Paycheck

Santa cashes his paycheck at the North Pole Bank, but most of the money gets spent before it makes its way to his checkbook. If it makes it there, most of the money is already owed to the credit card company. Santa has no other money set aside.

4. Santa Doesn't Enjoy Balancing His Checkbook

Santa forgets to balance the checkbook. He spends money, but is never sure what he has available to spend. Santa doesn't know how to build in some fun to help him enjoy working in his checkbook.

5. Santa Spends His Raises and Bonuses

Santa got a nice raise back in January, following his Bonus check in December (bonus based on number of chimneys completed for the year). He thought he'd have plenty of money this year. But Santa likes nice, updated equipment at all times. He bought brand new gear for all his reindeer, even though last year's would have done the job.

6. Santa Eats Most of His Meals Out

Since Santa's job requires that he spend a large amount of time traveling, Santa tends to eat out way too much. He also has to feed his reindeer each time he sits down to eat. The tips alone are enough to keep him in the poorhouse.

7. Santa Lives on the Edge

Santa keeps himself so busy that he can't sit down and plan his life. He hasn't set up a plan to build extra money into his checkbook, nor has he made a decision to actually save any of his money. Even setting up automatic deposit would be helpful. Another emergency could wipe him out. (No more Santa?)

8. Santa is Not Preparing for the Future

Santa, jolly fellow that he is, has no money set aside to work for him. He may end up working until his hair is much whiter (or gone). It's pretty much a given that Santa will need to replace that sleigh and maybe even some of the reindeer over the years. Because most of his money now goes to pay off credit cards, Santa just can't picture tucking away any money.

9. Santa Spends Too Much on R & R

Even Santa needs a little rest and relaxation after all that hard work. If he runs out of cash, he charges it. (No, I promised not to tell what Santa does for R & R. He does know who's been naughty or nice ...)

10. Santa Can't Stay Motivated

Santa gives himself a good lecture from time to time. He knows he should be doing better, but he just can't get any traction. Saving his money seems like an overwhelming obstacle. Santa hasn't discovered there are tricks out there to make saving money a fun thing, something he can look forward to doing.

About The Author

Darlene Arechederra offers simple, unique strategies to help you become a saver. She believes the trick is to discover which ideas work best for you -- because your money is not one-size-fits-all. Discover your *own* unique strategy today! Free weekly newsletter. http://www.RatRaceRemedies.com

---

Stress-Free Holiday Entertaining

The holiday season is upon us! It is a time... Read More

5 Tips to Reduce Holiday Depression

While war and poor economic conditions begin to affect people... Read More

A Diamond Christmas 2004!

When Archduke Maximillian of Austria bestowed a diamond ring on... Read More

Magical Plants of Christmas

Most of the plants we associate with the holiday season... Read More

Are You Truly Thankful For Everything?

Thanksgiving is the time of year when we stop and... Read More

Where Have All The Wise Men Gone? Jesus Is Not Acceptable For Christmas!

It's CHRISTmas!Where are the wise men?WOW - The wise men... Read More

How To Choose The Hotel Thats Right For You

Getting the right hotel to spend one~s vacation at is... Read More

Corporate Holiday Gift Ideas Start With a Possibilities List

Plan ahead this year for your corporate clients and associates... Read More

Colored Contacts For Halloween - Make Sure YOU Dont Go Bump In The Night!

Ok, the end of October is approaching, and you desperately... Read More

How to Make a Gift Basket

Gift Baskets are an ideal gift for nearly any occasion.... Read More

Holiday Times Are For Helping Those Less Fortunate, Think Holiday Cards

Every year I watch as advertisers begin to promote their... Read More

Mothers Day Love Letter ? The Best Way to Express Your Gratitude and Appreciation for Mom!

Abraham Lincoln said ? "All that I am, or hope... Read More

Inexpensive Christmas Stocking Stuffer Ideas For Kids

After all the gifts have been purchased and placed under... Read More

Valentine?s Day - Online Worship

Gazing the wide stretched blue carpet, with blows of zephyrs... Read More

Tropical Christmas

I can recall from my days in England, watching television... Read More

A New Look at Labor Day

A day to reflect on the accomplishments of working people:... Read More

7 Tips on Giving Chocolates to Your Valentine

Every year millions of people exchange chocolates on February 14th... Read More

New Year?s Resolution ? Why Not Resolve To Take Back Your Life?

It's time once again for the dreaded New Year's Resolutions.... Read More

Creative And Inexpensive Gift Ideas

I have a friend who works at a loan company.... Read More

Why July 4th ?

On July 4th 1776 the Continental Congress adopted the Declaration... Read More

Real vs. Artificial Christmas Trees

Putting up and decorating your Christmas tree is a holiday... Read More

No More Ties! Homemade Fathers Day Gift Ideas

If you are like me, you never know what to... Read More

Tips For Singles on Surviving (And Enjoying) The Holidays

Here you are, facing the holiday season alone. Have you... Read More

The Fathers Day Celebration

Fathers Day is another reason to celebrate another responsible adult... Read More

Gift of the Month Clubs: The Lazy Mans Guide to Gift Giving

If you are like me and are a very lousy... Read More

Outdoor Halloween Decorations

Few things are more thrilling for a trick-or-treater than walking... Read More

Overcoming Loneliness this Christmas

Christmas is one of those times when the social norm... Read More

Seven Great Holiday Decorating Tips--Without Breaking the Bank

If you're looking for great ways to decorate your home... Read More

Making Mom Happy on Mothers Day

Mothers day is May 8th this year, are you ready?... Read More

Find Great Halloween Costume Ideas! Have The Most Creative Costumes This Year

Usually, the hardest part about Halloween is finding the perfect... Read More

Do It Yourself Gifts

Sometimes gifts that you purchase are not as personalized as... Read More

Glorious Holiday Decorating (Without Breaking the Bank or Losing Your Sanity)

Decorating for the holidays can be both expensive and emotionally... Read More

Bust Holiday Stress!

The holidays will be here before you know it. Clear... Read More