October to December each year is a massive drain on my wallet.
There are four birthdays in my family between now and Christmas.
Then this year there is my parent’s 40th wedding anniversary and a christening for my brother’s first born.
And then we have Christmas it’s self, where there are currently 14 family members to buy for, from newborn twin nieces to a 95 year old Gand-Mother in law.
This time of year is really expensive and my family is by far the exception. So many of us struggle and so many of us get into debt at this time of year, and far from it being a season of joy, the lead up to Christmas can be a stressful and worrying time, especially if you have debts from previous years that you are still paying off.
What do you do when the pressure is mounting and you can’t see the wood for the trees with debt?
You can visit the website Creditfix for help and information on becoming debt free.
But how can you avoid getting into debt over the Christmas period in the first place?
Here are some tips and ideas to help you out.
- Think about saving all year round.
One tip I read recently was to buy store gift cards every week with your shopping. Five or ten pounds a week in store cards can make a huge difference at the end of the year to put towards toys, gifts and Christmas food. Chose a large supermarket and you will be able to chose from a huge range of gifts and products.
2. Secret Santa
If you have a large family with lots of adults to buy for, think about doing a family ‘Secret Santa’ with a limit of £5 for each gift. This way everyone gets a present but no one is under pressure to buy for more than one person or to spend a fortune.
3 . Make your own gifts
Think about hand made gifts for family and friends. Biscuits and cakes can all be made and decorated relatively cheaply and can make a lovely, thoughtful gifts.
5. Use homemade decorations.
Get the children to make paper garlands and decorations for the tree. Craft items can be bought cheaply from pound stores or even made from junk modelling materials from around the house.
6. Change where you shop. If you are buying big name brands, try switching to cheaper alternatives throughout the year, meaning that you will be able to save more for the festive season.