December 26, 2007, 10:33 am

Did You Say Boxing Day?

by: The Financial Blogger    Category: Miscellaneous,Personal Finance
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I know I said that I was not going to write anything for the upcoming week as it is the Holidays for everybody (even for bloggers I guess 😉 ). However, This morning, my wife and my little one are asleep while William absolutely wanted to go downstairs playing with the train Santa (we) bought him for Xmas. This is always a great feeling to see your kid’s eyes sparkling in front of their new toys. So I am here, in my kitchen, watching my son going around that huge table where the train his and I started to feel guilty that I did not write anything 😉

 

spawn christmas

Canadians are known to be weird human beings; they selected July 1st (Canada’s Day) to be the “Official Day for Moving”. It is a fact that most people tend to move on Canada’s Day… go figure out why! But we have another weird habit; the best deal you can find in town is once your Christmas shopping is over… on December 26th, we have the Boxing Day.

Did you know…

  • Boxing Day originated in England in the middle of the nineteenth century under Queen Victoria. December 26th became a holiday as boxes were filled with gifts and money for servants and tradespeople.
  • Also, poor people carried empty boxes from door to door, and the boxes were soon filled with food, Christmas sweets, and money. Parents gave their children small gifts such as, oranges, handkerchiefs, and socks. People also placed old clothing that they did not need anymore in boxes, and they were given to those in need.
  • Today, Boxing Day is a holiday in the United Kingdom, Canada, and many other Commonwealth nations. It is spent with family and friends at open gatherings with lots of food, fun, and the sharing of friendship and love.
  • While government buildings and small businesses are closed, the malls are filled with people either exchanging gifts or buying reduced priced Christmas gifts, cards, and decorations.
  • Throughout the Christmas season, many organizations follow the original tradition of Boxing Day by donating their time, energy, and money to fill the Food Bank, provide gifts for children who live in poverty, or to help an individual family who is in great need at the time.

Source: Netglimse.com

  • In Canada, Boxing Day is also observed as a public holiday, and is a day when stores, especially electronics stores, sell their excess Christmas inventory at radically reduced prices. Boxing Day has become so important for retailers that they often extend it into a Boxing Week.

Source: Irelandinformationguide.com

  • A Visa Canada gift-giving survey suggests Boxing Day shoppers plan to spend 29 per cent less this year — $233 on average, versus last year’s $328, for a total of $1.2 billion.

Source: CBC.ca

Beware: I will leave you with that note: Please take into consideration that many stores (especially electronic stores) have “Boxing Day Marchandise” that they are not selling during the rest of the season. They cut the price off the cheap stuff to make you think you are making a good deal. Shop carefully 😉

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