So, Christmas is done and dusted for another year. It’s a huge drain on most family’s finances! This is why I now Save for Christmas throughout the year, starting from the very first week in January. This may seem extreme, but it means that we can enjoy Christmas and buy gifts, food and drink without scrabbling around and panicking trying to figure out how we’re going to afford the whole thing!
There are a number of ways you can save for Christmas. One great method is to save every day. The idea is that you put away 1p x the number of days of the year. So, today you would put away 1p. Tomorrow you add another 2p, on the third day you’d add a further 3p and so on.
By the time you reach November 30th, you will have £559.45. That’s a whopping chunk of anyone’s Christmas money right there!
It’s entirely personal choice how you budget for Christmas, but I believe it’s vital to plan ahead. Take a look here for a more inspiration – http://mymoneycottage.com/saving-for-christmas/.
I’d love it if lots of you joined in with this. I’m going to use my Facebook page and Twitter accounts to keep us all on track! Please share the posts with your friends, it’ll save lots of people a lot of stress for Christmas 2017!