12/23/2010 02:10 pm ET | Updated May 25, 2011

Festivus: A Holiday For The Rest Of Us (VIDEO)

Festivus is upon us.

The Dec. 23 holiday, marks the anniversary of the creation of Festivus, as conceived by Frank Costanza (played by Jerry Stiller) from Seinfeld. Since it first appeared on the show in 1997, Festivus has become increasingly popular as an alternative holiday.

The holiday consists of four main traditions:

  1. The Erection of the Festivus Pole: An unadorned pole selected for it's "very high strength-to-weight ratio"
  2. The Festivus Dinner: Meatloaf, alcohol optional
  3. The Airing Of Grievances: Family and friends take the opportunity to tell one another how they've disappointed them in the past year
  4. The Feats Of Strength: A wrestling competition that doesn't end until the head of the household has been pinned. Participants can only refuse a challenge if they have something better to do.

For more on the holiday, check out the video below, or, for real devotees, check out for more on the holiday.