Learn how you can spend your money wisely during the holidays.
Tags:How to Spend Wisely at Christmas,Christmas on a Budget,Frugal Christmas Ideas,How to Plan a Budget Christmas,How To Set Your Christmas Budget,How to Spend Wisely During the Holidays
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Male: Christmas shopping is well and truly underway and yet despite the recession, we’re unlikely to be cutting back on spending. A new study shows that Brits are due to spend 11 billion pounds on loved ones this year. Female: According to research from the air miles rewards scheme, we’re set to spend an astonishing 300 pounds each this Christmas and that’s about the same as last year which is pretty surprising in a recession and in fact, the research shows that as many as 10% will be spending up to 500 pounds. I think Christmas is a special time and people know that it’s a time when family come around, when they see people they haven’t seen for awhile and so they want to make the most of it and really push the boat out and make a special time of it. So that makes it even more important that they’re spending wisely on things that they need and that they want and they’re not wasting money and more important they’re spending money in the most sensible way and making the most of their cash. Male: In fact only 1/3 say that they’ll be cutting back on spending and these Christmas shoppers are certainly part of the majority. Female: About the same as I do every year. Female: We have decided that we haven’t used that much the whole year but now we want give our kids and our some good presents. Male: Prices are limits for a certain amount for a person to about 20 to 25 pounds per person depending on who it is so some who are rich can spend 100 pounds. Male: We have five in the grid and 50 in the grid. I think it’s the same as last year but it depends on the amount of jobs but everyone else is, it’s always about the same. It’s Christmas. We’re going to go for it. Male: We almost doubled the prices. It’s been a good year for me especially so it’ll be good. Male: A good 500 to 600 pounds for Christmas presents. Female: It’s not massively different for me but I think it’s more people who lost their jobs, I guess they’ll be spending less. Male: So then how can people make Christmas a bit easier on their pockets? Female: There are three golden rules when you’re shopping for Christmas or any other time, you need to plan, budget. So you write a list of the presents you need to buy, the food you need to buy, budget for it and then stick to that plan and that budget. Don’t go outside it and then you won’t have financial difficulties. Then secondly, you need to get the best deals. That’s probably compare prices. Go on a comparison site on the internet, walk on down your high street, just make sure you’re getting the best deal. Then finally, when you’ve got the best deal, if you can reward yourself, if you can use a reward scheme such as the air miles scheme which gives you back rewards for your spending at no cost yourself, why not? Then everyone’s a winner. You’ve got your shopping and you got something for yourself as well.