The Christmas period is a notoriously expensive time of the year, and while we can’t reduce the costs entirely, what we can do is stop you wasting money that could be better spent elsewhere. With that said, here are our 6 top tips to help you save money this Christmas…
Buy your Christmas tree from the supermarket
You might think that with virtually no overheads at all, the Christmas tree seller on your local high street is likely to offer the best deal, but in reality, you couldn’t be further from the truth. If it’s value you’re after then the budget supermarkets offer the most competitively priced real Christmas trees.
Don’t be fooled by the brand name
Time and time again taste tests prove that cost is certainly no guarantee of taste. In many cases, people either can’t tell the difference between expensive brands and a supermarket’s own offering or actually prefer the taste of the cheaper products. Bear that in mind when doing your food shopping this Christmas. Here’s a handy tool that’ll show you how much you could save.
Be thrifty with your presents
Instant cash provider Wonga has put together a list of money saving Christmas gifts that are available for less but still beat the pants of the faithful old Satsuma. When buying presents, you should set a budget and stick to it. You should also not be fazed by how much other people spend.
Switch bank accounts
Many banks will pay you to switch your account and this could provide a handy windfall for Christmas. If your bank has always provided excellent service then taking a step into the unknown is something you should consider carefully. However, if your current bank leaves a lot to be desired, this could be an excellent time to cash in.
Get cashback on presents
If you’re not using cashback sites already then you should be. Simply sign up for a cashback website for free and click through from that site to the retailer selling the item you want to buy. That site earns a commission for sending through the traffic, some of which they’ll share with you.
Pay by credit card for more expensive items
If you’re ordering presents online then paying for your goods by credit card gives you an extra level of security if the firm goes bust or the product doesn’t arrive. That’s because the credit card provides its own protection so you can claim a refund directly from them. However, and this is an important point, you should only use a credit card if you can afford to repay the full amount each month so you can avoid paying interest.
What are your top tips for saving money this Christmas? Please share your favorites with our readers in the comments below.