Holiday Budget

Your mission is to splurge $643. But just how many of these holiday-related items can you purchase? We did the research, so you don’t have to. (Illustrations by Sam Island)

Holiday | Personal Finance

It’s beginning to look a lot like Christmas

What can you buy if you have, on average, $643 to spend on gifts this year? From wrapping paper to leg lamps, here’s a look at what you can get with that money.

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Canadians plan to spend, on average, $643 while playing Santa this year, according to the CPA Canada Holiday Spending Study. With our love of numbers and all things finance, here’s a light-hearted look at what you can buy with that money.

Holiday Budget Wrapping paper

13,260-sq.-ft. of wrapping paper

(roughly 85 eight-packs of 30-sq.-ft. rolls at $7.48 each)

Count that as 663 feet long, or roughly the length of three hockey rinks.

But be careful: if you spend all your money on wrapping paper, you won’t have any money left for actual gifts! 

Holiday Budget accountant gifts

10 holiday gifts for accountants

($622.16)

That’s just two shy of the 12 items featured in our gift guides: last-minute ideas and presents accountants will love. The remaining $20.84 can be your bonus for making budget-friendly choices.

Holiday Budget house lights

2,820 lights

(roughly 40 boxes, 70 lights in each at $15.99)

That’s plenty of sparkle to make the Griswolds’ house in National Lampoon’s Christmas Vacation look amateur. Just make sure you know where the master switch is.

Holiday Budget leg lamp

2 1/3 leg lamps

($279.99 x2 = $559.98)

Bring home two—unbroken—50-inch leg lamps just like the dad in A Christmas Story to add some brightness to your holiday celebrations. It will feel like a major award.

Holiday Budget monopoly boards

11 editions of Monopoly

($641.58)

Keep all guests enthused with your expansive Monopoly collection, featuring a medley of editions from classic to Game of Thrones, Star Wars and even Super Mario.

Holiday Budget twelve days of Christmas

Budget buster: 1 partridge in a pear tree, 2 turtledoves

($786.70, converted from US$595.13)

The 12 Days of Christmas is just a line-up of expensive, high-maintenance presents. If you bought the entire list, you would need US$170,609.46 for all 364 gifts in the song (which works out to almost $225,528.65 Canadian)!

(Priced on PNC Christmas Index and Bank of Canada)

All product prices are MSRP before taxes and may be subject to change.