There are a few reasons as to why holidays are getting more and more expensive each year. With the price of gas rising, most gift prices are rising right along with it. If you add this to the facts that the cost of living is at a dramatic high and that most of the modern American families are made up of blended families it seems like the rising cost of Holidays will never give relief. All food items are higher than normal and driving costs over 3 times as much as it use to.
The price of gas directly affects everything that you buy. Everything inside of a store has to be delivered and therefore when gas goes up, so do all of the items you have to buy. This means that that Television you wanted to get your dad is higher than it was last year instead of having dropped in price. This also means that even putting a Thanksgiving or Christmas dinner on the table is going to be more expensive than normal. The trip to your parents is going to cost approximately 3 times as much as it did only 4 years ago. Gas continues to rise and our incomes continue to plummet.
There is, of course, more than one reason why holidays are more expensive than they use to be. Yet another reason that the prices continue to rise is that most families in our time are blended. More and more people divorce and remarry each year and for the average American family that means more presents to buy, more people to feed, and more houses to visit. For instance if Jane and John get divorced and then remarried this brings 2 whole new families into the picture for having to buy gifts. If Jane remarries Bob she now has to buy for her children as well as Bob’s. She has to still buy John a present so that he has something to open from the children, as well as John’s parents a gift from the kids. She then has to purchase Bob’s parents gifts from her and Bob. The same thing happens on John’s side of the family as he has to now purchase gifts for his new wife Sara’s children as well as his own and so on and so forth. Of course Bob and Sara are also going through this situation because they have their previous families as well as their current ones to buy for as well, just as Jane and John do. This seems to be becoming more and more common among today’s families.
Not only are gas prices rising and families getting larger, but gifts are getting more expensive and complex as well. Gifts that teenagers want today are far more expensive and elaborate than they were a few years ago. I myself remember when I was seventeen years old; I looked forward to getting that new CD I wanted and a new tag cover for my car. Today’s teenagers want I-pods, Playstation 3’s, HD Televisions, Blue Ray Discs, and clothing that costs as much as the previously stated items. This makes buying your child the gift that they’ve waited for all year even more difficult. When you add this to the fact that gas is rising and families are larger, we are sure to all go in debt this holiday season.