Written by: Carol Iles
is a headache for most people, and we see more and more families getting into debt, then they find they are struggling to make repayments.
The first thing that you should do is plan your budget and the amount you can afford to pay. Start early if you can and take advantage of any sales and special offers.
For those with toddlers and babies, don’t go overboard, they won’t know any different, most will be quite happy to play with empty boxes that the toys came in.
For those you with older children, try setting them a limit, this teaches them the value of money and makes them realise there is no such thing as a money tree. They might opt for one big present and a few stocking fillers, or lots of less expensive presents.
For older members of the family, parents etc, why not make them up a hamper, you can buy things that are on special offer, so it won’t break the bank. This can either be made up with various types of food and wine, or even toiletries.
When it comes down to your friends, why not organise a Secret Santa? Set an amount that you wish to spend, and then draw the names out of the hat as to who buys for that person. If you really want to give them a gift from yourself again set a limit and tell them the same, so no-one will feel guilty, after all it is the thought that counts.
Surf the Internet
Check out the internet for the best prices too, you will amazed at how much prices differ from one retailer to the next. Also check out your local selling sites, lots of people sell unwanted items that have never been used, so you can bag yourself a real bargain.
Most likely your local supermarket will have a stamp saving scheme, and will have certain dates where they will top up with bonuses, it’s an ideal way for saving up for your Christmas grocery shop. Again write out a list of what you need, remember they are only closed for day, two at the most.
If you feel that you still don’t have enough, apply for an interest free credit card, but again don’t go overboard, and make sure that you can afford to pay it off in the allotted time, or else you will start paying interest.