Cut The Cost Of Next Christmas

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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.

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.

Cut The Cost Of Next Christmas

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

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14 thoughts on “Cut The Cost Of Next Christmas

  1. These are fab tips. The downside for us is as our house is being (very slowly) renovated, so we don't really have much storage at the moment to be able to store stuff. But I totally agree that buying things throughout the year is a great idea and also much less stressful as the big day approaches if you have already done your prezzie buying. Thank you for sharing with the #DreamTeam x

  2. It's smart to start early for the Christmas season. I tend to buy holiday supplies during the after Christmas sales and stock up when I can. Definitely helps when I can get them for 70 -80% off.

  3. A few times I have bought cards etc in the January sales - it ends up costing me twice as much because I either completely forget I bought them or I can't find them by the next December lol! I do start saving money quite early though
    Thanks for linking up to #AnythingGoes 🙂
    Debbie

    • Sally Sally says:

      Oh no Debbie, that's always the danger. I've done that a few times with early birthday cards purchases.

  4. Ah I'm glad to see that I'm already doing two out of the three of these. I do need to start saving more throughout the year though so thanks for the nudge. #DreamTeam

  5. I love collecting Christmas things right after Christmas. They are exciting & new to pull out the following year. I think you have some really wonderful & helpful tips here! Thanks so much for joining us at #BloggerClubUK

    • Sally Sally says:

      It's such a good idea. Especially when you know the prices are hiked up at Christmas. It also makes you feel more organised when next Christmas comes round.

  6. Last year I thought I was being clever by buying my sons toys early... only to discover the ones that were character or tv show based were more a fad... and he didn't want them by xmas anymore!! This year I plan on putting away the amount I plan to spend on him and buy things a little closer to the day so they are definitely relevant, but if I happen to see some 'non-fad' things as the years goes on I will grab them early! x #bloggerclubuk

    • Sally Sally says:

      Oh no that's so annoying. So much for planning ahead. Kids are so fickle aren't they. Only really works on adults. Great plan for this year though Claire.

  7. I feel so broke now January is here I definitely need to cut back a little next year. It was so much easier thn the kids were young, as teens they are stretching me! Happy New Year #BloggerClubUK

    • Sally Sally says:

      I know Fiona. January is such a long month. I get paid early in December as well so it seems even longer. I do like having a good look in the sales seeing if there's anything I can get now. Teens would be the worst to shop for I should imagine. I bet they have expensive tastes.

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