Christmas is just around the corner, and the best way to have a stress-free festive period is to start planning now. It is especially important this year due to the rising cost of living. However, the following tips will help you budget for both.
Set your budget
Putting together a list of all your outgoings will help give you an idea of how much you can save each month leading up to Christmas. On top of this, make a list of all the things you will need to buy for the festive period, such as presents and potentially new decorations such as outdoor Christmas lights. This way, you can allocate spending money accordingly.
Avoid overspending
Shop around to get the best deals on gifts. If you have an idea of a present and an ideal price in mind, there may be cheaper alternatives that are just as good.
Check the sales
You can also wait for special sales such as Black Friday, where there are plenty of deals and discount codes. Saving from now will give you enough cash to do some shopping in the sales in the lead up to Christmas day.
Organise a Secret Santa
If you have a lot of family to buy for, suggest a Secret Santa this year. Everyone still gets a gift, and you’ll have fun finding something unique for whoever you pick.
Enjoy time with family
With the potential difficulties that the high cost of living may bring, it might be worth talking to family members about the arrangements for Christmas this year. After all, spending time together is the most important.
