Feeling festive? Christmas is everywhere, and it’s now just around the corner! When is it too early to start thinking about next Christmas though? Now before you shoot me down as you want to get through this Christmas first, I think it’s important to remember that Christmas really stretches the finances. It’s a special time of the year, and I’m not saying don’t spend any money at all if finances are tight, but there are ways to make next Christmas more affordable, no matter what your financial situation is.
Whatever your financial situation, enjoy this Christmas, get through it in one piece, and then come January you can start planning towards next Christmas. I promise you, fast forward a year, you will be pleased you
Here’s a round up of some of our top tips to make next Christmas more affordable!
- Hit the January Sales! Whether it’s cheap wrapping paper and cards, or clothes and toys which would be suitable for a recipient in a year’s time (toys for older children, or clothes in older/larger sizes), it can be a great time to stock up – just remember to put things away safely and don’t forget what and where they are! Replacing them will just be more expense!
- Consider putting money away every week or month! By putting even a small amount away, perhaps by setting up a standing order from your bank account into a savings account, you could end up reaching the festive time with some savings to help cover those costs. Just £5 a week from January to October could mean you have £200 put aside! You could also regularly put all your spare change in a jar, as that can add up to be a nice little bonus too!
- Never make an impulse purchase! Whatever the time of the year and whatever the occasion – this is relevent! Sleep on a purchase (unless it is an essential). If you still need it, shop around, compare prices, and use cashback sites where possible. This will save you money throughout the year.
- Set a budget and stick to it! Perhaps even set a maximum spend amongst friends and family. There may even be friends or family who are quite happy to not do presents – some people are hard to shop for and buying silly joke presents is a waste of time, effort and money, let alone the additional waste generated.
- Make a list and stick to it. Whenever you are shopping throughout the year – have a list and stick to it. This applies to grocery shopping, right through to Christmas present shopping. It will help you feel organised and in control.
- Got a bit of spare time throughout the year – consider survey and research sites – these are great ways of making a bit of extra money, and some can be done on the go on your smart phone. You could also try making extra money with a variety of side hustles – there is bound to be one that works around your needs and schedule.
Hopefully we’ve given you some ideas about how to make next Christmas more affordable, which aren’t scary and are totally doable for you and your lifestyle. These hints and tips will not only help you get ready for next Christmas, but may really make a difference to your finances all year round! We’d love to get your feedback in the comments below about any that you try throughout the year, as well as any other tips you want to share with other readers! Don’t forget to pop over to our Facebook group for more bargains and money tips!