How to save money at Christmas!
With the 25th fast approaching, we thought it would be good to share with you some money saving tips.
• Set a budget for buying presents. This way you have an amount to work towards for each person. Then you won’t be shocked by the final sum when you have finished buying presents. The Money Advice Service has a Christmas Money Planner to help you decide how to plan for Christmas: https://www.moneyadviceservice.org.uk/en/tools/christmas-money-planner
• If you struggled with money for presents, next year would be a good time to start saving early. Putting a little aside each month will help increase the amount you have to spend come December. Money Advice Service also has a Savings Calculator to work out just how much you can put aside each month. https://www.moneyadviceservice.org.uk/en/tools/savings-calculator
• There are many cheaper alternatives to what can be quite costly ingredients for the classic Christmas dinner. It is worth exploring your options first before buying. For example, discount supermarkets LIDL and ALDI have a wide range of Christmas food at a lower price than other leading supermarket brands.
• The Telegraph also has a good list of ways to saving money this Christmas. Making the most of vouchers should be one of them, as according to the Gift Cards & Vouchers Association 6% of all gift vouchers go unspent. Use any reward points you’ve earned on loyalty cards, such as Tesco Clubcard and Sainsburys Nectar. They also outline ways of getting paid to shop online with cashback websites such as Quidco.com.
• Following big brands via email subscriptions or social media can give you easy access to any big savings and deals they might currently have on or coming up either online or in store!
Merry Christmas from PSF 😊
Photo credit: Daily Mirror