This study assessed subjective well-being before and after Christmas and New Year holidays. In contradiction to lay beliefs about these holidays, stress and conflict caused by its experience was weak, while participation in rituals was high and satisfactory, and positive emotions were dominant. High frequency of participation in ritualised family celebrations increased positive well-being: satisfaction with life, perceived social well-being, and the balance of affective well-being. Satisfaction with rituals had an impact on positive affect, satisfaction with life and positive family climate, while participation frequency was more relevant for social support and lower loneliness level. Conflict experienced during Christmas increased negative affect and negative emotional family climate, while it undermined positive affect, satisfaction with life and social well-being.
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