Prepare early for celebrations
Birthdays and Christmas are fun but expensive.
Planning ahead can make a big difference. Here are our top tips:
- Keep your gift list small
- You do not need to buy presents for everyone you know
- Ask friends and family how they feel about exchanging gifts. They may want to reduce costs too
- Set a spending limit per person and stick to it
- Ask family members to pool for a big gift, rather than buying small or cheap gifts
- Start saving three months in advance
- Even loose change in a jar adds up over time
- Use a Christmas savings scheme
- There are websites that help you save for Christmas
- Some offer vouchers for Christmas presents
- Keep an eye out for discounts and deals
- Look out for pre-loved games, books and music
- Online and offline shops have big markets in second-hand items
- There are big savings over new items
- Look out for travel discounts
- You can buy cheap, advance train tickets from 12 weeks before Christmas
- Use cashback websites and voucher codes when you buy online
- This can add up throughout the year
- You may find you have extra money to use for Christmas
- Buy Christmas cards and wrapping in the January sales
Our free budgeting template has a section for sundries and emergencies.
Use it to set aside money for Christmas and birthdays.
Explore ways to save money on clothes
Children go through a lot of clothes as they grow.
Here are our tips dress on a budget.
Save a bit of money each month for new school uniforms.
Your budget already includes these costs if you are on a long-term debt solution.
Give second-hand shops a chance
Most charity shops only take good-quality clothes.
You can often find clothes that are brand new.
Buy pre-loved clothes in job lots
People often sell their children’s clothes in bulk online.
This can give your child several outfits for one low price.
Find out if you are eligible for help
Some schools help families with uniform costs.
Ask your school if they do this.