Christmas and Debt

kellybick
Nov 27
3 min read

What to Do When the Holidays Feel Too Expensive

Christmas is often called the most wonderful time of the year, but for many Canadians, it’s also the most financially stressful.

The cost of gifts, special meals, decorations, and travel can pile up quickly. When money is tight, that pressure can feel overwhelming. That’s why it’s important to talk about money saving tips for Christmas and what to do when you can’t afford Christmas gifts,, because no one should feel burdened by debt during a season that’s meant to bring peace and joy.

This article explores practical ways to celebrate wisely, avoid getting into debt during the Christmas season, and preserve the heart of the holiday. Along the way, we'll also share how you can help others experiencing Christmas with debt through Christians Against Poverty’s year-end appeal.

1. Rethink Gift Giving

If your finances are already stretched, consider alternatives to store-bought gifts. Homemade presents, shared experiences, or heartfelt letters can mean just as much, if not more, than expensive items. Gift exchanges or group gifts within families can also ease the financial burden.

2. Set a Budget and Stick to It

Before doing any shopping, decide how much you can realistically afford to spend. Include everything: gifts, groceries, travel, wrapping paper. Writing it down helps you stay accountable and avoid emotional or unplanned overspending.

You can even use this moment to reflect with your family on how spending less can actually make the holidays more peaceful.

3. Don’t Be Afraid to Say No

Holiday events, group gift exchanges, and travel plans can add up fast. Be honest about what you can afford. It’s okay to decline invitations or suggest low-cost alternatives like a potluck or Zoom catch-up instead of a big party or trip.

4. Ask for Help; You’re Not Alone

If the weight of debt at Christmas feels too heavy, know this: there are people who care. Christians Against Poverty walks with individuals and families who feel overwhelmed. We help people regain financial control and restore peace to their homes. If you’re wondering where to find debt help, our Debt Centres offer one-on-one, no-cost support that’s compassionate and confidential.

"When I connected with CAP, it felt safe enough to share. I did not feel judged in any way. I knew I wasn’t doing this alone anymore." – Alexa, CAP client

5. Don’t Let Shame Win

Many people quietly carry the weight of debt and fear during the holidays. But getting into debt for Christmas shouldn’t be the norm. You are not a failure for needing help. Whether you’re reading this because you need help, or because you’re in a position to give, we believe that hope is possible.

Restore the True Heart of Christmas

This season isn’t about outspending your neighbours or checking every item off a wish list. At its core, Christmas is about the arrival of Jesus, the Light of the World, bringing peace, joy, and renewal to hearts burdened by darkness.

That’s the work CAP is committed to. Through local churches across Canada, we offer hope, help, and practical tools to those struggling with poverty and debt.