Getting Your Christmas Shopping Done Early

Monday, 07 November 2016

If you want to save yourself a lot of stress and money in the build-up to Christmas, now is the time to start planning and buying your Christmas presents.

Avoid debt

Do you know how much you spent on Christmas last year? The average British family spent over £800 [1] – even if it was more than they could reasonably afford. Getting into debt to pay for Christmas can cause long term money problems so should be avoided.

Make plans

Being organised is key. Take some time out now to make a list of who you need to buy for, what you want to buy and set a strict budget for each person. If you want to cut back, you could explain to your friends and family that you’re only going to be buying presents for children this year or are giving one joint present per family.

Shop savvy

Once you know what you want to buy, you can keep a close eye on the deals and sales that Early Christmas shoppingare running in different stores over the next few weeks. Black Friday week is at the end of November but make sure you only buy what’s on your list. By shopping early, you should be able to get the ‘must have’ gifts that’ll sell out nearer to Christmas.

Watch your spending

When it comes to buying presents, it can be easy to go overboard and buy more than you need to. Once you’ve found a present for someone, tick them off your list and move onto the next person.

For instance, if you manage to get a present for one of your grandchildren for half price, you shouldn’t feel like you have to buy an extra present for them so that you’ve spent exactly the same amount on each of your grandchildren. If you have teenage grandchildren, why not ask them what they want rather than struggling to find them a gift yourself? They’ll probably ask for cash or a gift card over a present, which will make things easier for you as you can just put the amount aside.

Protect yourself

Whether you’re going to be shopping in-store or online, you need to watch out as there will be thieves about. Don’t withdraw large amounts of cash, instead only withdraw what you need that day or use your debit card. Your money is much safer in the bank than hidden in your home. When shopping online, only use websites you know and trust as scammer websites can look very convincing.

Remember to hide presents out of view when you bring them home and make sure you have adequate home contents insurance, just in case the worst happens and you’re burgled. 

Get more for your money

If you’re a member of a cashback site like TopCashback or Quidco, you’ll receive money back when you shop at your favourite retailers, simply by clicking their referral links. You should also check out the My Voucher Codes website before you buy anything online as you could save more money this way too.

We hope you like our comments and manage to get all your Christmas shopping done before the big rush in December. Good luck!

[1] http://www.telegraph.co.uk/finance/personalfinance/household-bills/12038620/Average-British-family-to-spend-800-on-Christmas.html

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