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5 TIPS FOR AN AFFORDABLE FAMILY CHRISTMAS

Unbelievably, it’s only 80 sleeps until Christmas! The festive period is a time when financial panic sets in for us Brits, which is no surprise, as the UK is proven to be a nation of unsuccessful savers. 

We carried out a Financial Wellbeing Survey this year and found that, shockingly, only 1 in 4 of those  in the UK have set out any savings goals for the future or know how much they need to save to achieve those goals.

We don’t want you to turn to unwise means for securing enough money for Christmas, such as taking out loans or loading up credit cards. So we have created some top tips for a family focussed and affordable festive period!

5 TIPS FOR AN AFFORDABLE FAMILY CHRISTMAS

Is it time to start rethinking how we celebrate Christmas? 

Commercialisation – it’s had a detrimental effect on how families enjoy this time of year. As the winter grips and our financial stability is tested, especially for those with low incomes , the joy of Christmas can be sucked into a pit of stress and anxiety. 

2020 was a Christmas like no other, with celebrations and gatherings cancelled across the country, leaving many unable to even hug a loved one. However, as a bit of a re-set in our psyche, could it be that last Christmas made us focus on the most important thing about this time of year – spending time with the people we love. 

As champions of Financial Wellbeing, we’re urging those of you who perhaps have not been able to save, to re-evaluate what you actually ‘need’ this Christmas – perhaps focus on the emotional needs of the family, and not materialistic expectations.

 

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