Money

How To Survive The Christmas Season Without Blowing All Your Cash

I don’t know about you, but I reckon there’s nothing quite as good as going home for the holidays to celebrate Christmas. You get to visit the fam, raid your parent’s fridge just like the good ol’ days and, I mean… presents.

But it comes with a price tag. Overspending over the holidays is an issue for most, but we’ve got your back.

Here are some helpful tips on how you can keep your savings intact over the holiday season.

#1 Set yourself limits

‘Tis the season, and although it’s good to be merry, getting caught up in an overly generous headspace can be dangerous. I get it; it feels so nice to buy nice things for the ones you love, but having it smash your savings is devastating.

I’m not saying be stingy, but do your bank account a favour by setting yourself a spending limit.

Now it’s time to decide how much each of your loved ones is worth, financially. Kidding – just look over your budget and set a limit so you don’t go overboard.

#2 Make a list (and check it twice)

Make like Santa. Instead of jetting off to the shops with the delusional idea that you’re going to find that perfect something for everyone, be prepared.

The shops around Christmas time are bloody bedlam, reminiscent of a stampede of fuming bulls. Unless you fluke it, chances are you aren’t going to get the best present and remember everyone you’re buying for.

Make a list, and next to each name, catalogue some things you reckon they’d like. Not only will you be saving money by eliminating the likelihood of buying too much stuff (and not wasting time wandering the store aimlessly), but it’s a sure-fire way of getting that perfect prezzie.

#3 Secret Santa

The list of people to buy for can be long. Between your different friend groups, your work colleagues, and family it can be rough as hell.

Secret Santa is the perfect solution to this problem. You all agree on a spend limit, draw a name out of a hat and that’s who you buy for – simple!

Everyone gets a nice present and it allows the gift giver time to think about a great present for that person. Plus, the element of surprise adds to the fun.

#4 Buy online

I love online shopping, purely because of the ‘price low-to-high’ feature when looking through items. Call me cheap but I am a sucker for a bargain. Next-level bargain hunting is when you use this feature on sale items – ooft.

Buying online kills two birds with one over-sized Christmas bauble. You skip the crazies at the shops, and you can do it from the comfort of your couch – a major selling point.

#5 Utilise your skills

Broke? Happens to the best of us.

Presents don’t have to cost money. Is there anything you’re especially good at? Maybe it’s baking, maybe it’s DIY – whatever it is, why not make something for that special someone?

Especially over the Christmas period, people love homemade food contributions like cakes and puddings. It means they don’t have to go out and buy it (remember: the shops are a disaster this time of year).

If like me you can’t exactly pinpoint the skill that could translate into a gift, just have a crack at baking. What’s the wost that could happen…

#6 Accept it

Sometimes it’s just spenno, no matter how hard you budget. For those of you as obsessed with Christmas as me, it’s going to cost you money, regardless. You love giving and receiving gifts, putting together a nice meal with the family and perhaps the sporadic Christmas cocktail. And that costs money.

Although you’ve blown some dollars, you get to spend time with your family – that’s what really matters, right?


Bradley is a writer from Newcastle who enjoys travel, Tina Fey and is a connoisseur of cheap red wine.