Cut The Cost Of Next Christmas
So Christmas is done and dusted for another year. We are all very sad as we are missing the cheery Christmas tunes, we’re craving more gravy and quite frankly our top buttons don’t do up any more. Time to start planning for next year.
Eh? What did I just say? I bet you are thinking, why on earth would I start planning for next year?
A survey commissioned by My Voucher Codes found that this year, 28% of people said they tried to save money where they could on their Christmas spending. Also a staggering 44% of people said they paid for Christmas by borrowing money, whether that was via other people, a credit card or an overdraft. It’s time to get wise and get ahead.
So here’s some of my thrifty money saving tips that make add up to a big difference and allow you to cut the cost of next Christmas.
Get the essentials early
So you know that you are going to need cards and wrapping paper. That’s a given right? Why not buy them just after Christmas? Retailers want their space back for whatever promotion comes next – usually anything to do with health and fitness – so they discount all the leftover stock so they can get rid of it. If you are quick you can snap up what you need for next Christmas at rock bottom prices.
Be beware, just buy what you think you will need and not everything that’s available and seems like a bargain. Otherwise you aren’t really saving yourself any money are you?
Buy throughout the year
Sales don’t just happen after Christmas. Some retailers love a sale and they have them on and off during the year. Sign up to the email newsletters for a few shops that your family and friends love and when you spot bargains that you can buy them and use as Christmas presents, snap them up there and then. It’ll save a whole lot of trailing around the shops in cold December.
Start saving now
My final tip on how to cut the cost of next Christmas is to start saving now. If you find it’s a bit tight on the purse strings when Christmas comes around. Start budgeting in January. If you can even put away £5 a week, by the time next Christmas comes around you’ll have over £250 saved. That’s much better than putting it on an overdraft or credit card. If you save the money into an ISA, you’ll also get a little bit of tax-free interest on your savings.
I hope you enjoy the rest of your festive break. Here’s to this Christmas, the next and all the ones after that. Happy Christmas!
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Disclosure: This is a collaborative piece with My Voucher Codes