Money saving tips, tricks & advice to help you save more every day...

Brits due to go into debt again this Christmas

By Kate Naylor on November 23rd, 2010 at 9:10am in Finance

A recent survey suggests that almost a third of us predict we’ll go into debt this Christmas. It’s the same old story… we chuck money away like it’s water over the festive season. But is there really any need to go so mad with your cash?

How to stop yourself spending like a person possessed? Here’s a few ways to curb your Christmas spending this year and save money on the whole kit and caboodle:

  • set a budget and stick to it
  • write a detailed list of everything you need then cross off the things you can do without. And cut quantities to a generous but reasonable amount so you avoid waste
  • do your Christmas shopping online – it tends to be more difficult to impulse buy when you’re shopping remotely
  • be realistic when buying for the kids
  • let the family know you’re going to spend responsibly this Christmas and ask everyone to spend less on you this year. Spread the word this week before the big shopping spree sets in. It’s the thought that counts
  • if you’re a Christian, Christmas is supposed to be about religion. If you’re not religious, it’s meant to be about spending time with people you love – a festival to celebrate winter’s half way point - not spending vast wads of dosh willy nilly. Either way, feel the love instead of feeling an enormous hole in your bank balance!  
  • avoid the turkey blues. If you’re doing turkey get one the right size instead of a huge bird that’ll feed everyone for a week, much of which you’ll probably waste
  • use discount codes to buy gifts wherever possible, taking advantage of slashed prices and special offers

     

    

Post tags - ,

Comments

No comments have been left yet, why not be the first?

Leave a comment

Hey there, I'm Katie...

Katie

I live just outside Brighton, high up on the South Downs, with my fiancé Tony and our three cats.

I’m dedicated to saving money, spending less, buying wisely and generating cash from the stuff I no longer want.

Read more about Katie here >>

Hi, I'm Jenny...

Jenny

Hi there, I’m Jenny, a brand new mum living in the heart of Essex with a passion for making the pounds look after themselves!

I’m here to pass on all that I’ve learnt about baby saving, looking good on a budget and to keep you guys up to date with what's hot on the money saving blog scene.

Read more about Jenny here >>

Subscribe to our RSS Feed

If you fancy subscribing to our money saving RSS feed, use this FeedBurner link - Discount Coder Blog RSS feed

Alternatively, if you would prefer to receive our posts by email, add your email here - Discount Coder Blog Email Updates

Please note: our RSS service is powered by feedburner, a Google company, which is why the links above open up the FeedBurner website.

Blog Categories