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The holidays are here! I don’t know about you, but they certainly came fast. We know this season comes every year, yet it can take us by surprise and even cause panic when we think about it.

The cost, as well as the extra activity can seem overwhelming to our all ready busy lives. That is why planning is so important for a successful, fun filled holiday season. Let’s explore this idea of planning and ponder a few questions:

* What exactly do you want your holidays to look like?

* Does your family have the same picture?

* What will it take to make that happen?

* Do you know how you will spend your time?

* Have you discussed with your spouse, or significant other how much money you want to spend?

* Most importantly, how will you pay for your Holidays? Will you pull out the plastic and worry about that in 2009?

These are important questions, with each family member possibly having very different ideas. This is why communication is so important.

Are you ready to do it differently? Imagine what it would be like to have a stress free, debt free holiday season this year. Yes, it is possible.

The good news is that is not difficult. This is where the planning comes in. With the right tools you can success!

Tool #1 The discussion — In order to create your holiday picture, you need to sit down and have a detailed conversation. The discussion needs to include what gifts to buy, for whom and the amount of money for those gifts.

Also, talk about the extra activities involved in your holiday season — the parties, perhaps school activities, and any other festivities that make your holiday season special. Be as specific as possible, making sure everyone has the same picture.

Tool #2 Into Action — Once you have decided on the perfect holiday scene, track the activities on a calendar. This will eliminate confusion and double booking events.

The next important item to track is the expenses involved — what your holidays will cost and where that money will come from. The clarity that comes with doing this exercise will go a long way to make your holidays less stressful, both financially and emotionally.

Tool #3 Keep calm — Relax and enjoy! Remember, not only is this a busy time of year but it can be an expensive time as well. By using tool #1 and #2, you will avoid the emotional and financial hangover, which can be associated with time of year. These feelings can lead to making “pressured” decisions, which may not be the best for you.

Samsara, a Buddhist condition, is about constantly trying to satisfy cravings that are themselves not natural or authentic. The more you satisfy the desire, the more you want. This does not bring true fulfillment.

Has this been a part of your holidays in the past — buying more and more, wanting more and more, yet feeling less and less satisfied? If that is the case, make this holiday magical by planning differently and giving real meaning rather than making it about getting more “stuff” or cramming more activity into your already busy schedule.

Resources: Shelley Bayol became a Financial Recovery Counselor after her own relationship with money drove her to over $25,000 in credit card debt. Little by little, she paid off her credit cards, stopped spending impulsively and gained peace of mind and serenity around her financial life. Contact Shelley at her website www.findingfinancialbalance.com