The American Research Group says that the average adult in 2015 planned to spend about $885 on Christmas gifts. So let’s say the average adult is going to spend $900 for Christmas in 2016. That is quite a burden if not planned for in advance. If a family wanted to put this expense into their monthly budget, they would want to set aside roughly $75/month beginning in January. We may not have time to save for the 2016 Christmas season, but we have a whole year to plan for the 2017 holiday: http://www.mycitymag.com/the-ghost-of-christmas-presents/