Here we are again, talking about Christmas!

It doesn’t seem like a whole year has passed in the lead up to the most expensive holiday of the year!  Christmas is an important financial landmark, because it marks the last big spend of the year, and of course, the most expensive time of the year.

At this time of the year more than ever, having a financial plan in place can make the difference between ending the year wracked with financial stress, or feeling happier that you are in a much better place financially than the same time last year.

With that in mind I would like to offer some money saving top tips to help you plan ahead and ensure that your bank balance does not go haywire this December!

10 money saving tips:

1. Stop exchanging presents with adults- gifts for Children Only.

2. Put a cap on spending, for example £5.00 or £10.00 per gift.

3. Use online discount websites and shop around as you can find the same item at a variety of different prices.

4. Look at lower branded items for your Christmas dinner or your sweets, you do not need to spend a lot to get good quality.

5. Use the Supermarkets Christmas savings schemes – start saving now and you could have a tidy sum for your Christmas Dinner.

6. Get cashback on presents using specific websites.

7. Make a list and stick to it!

8. Use online delivery sites to save money on sending presents to family and friends.

9. Plan what you can afford and not what you really desire – this is an important lesson for kids to learn, as early as possible.

10. Lastly, once this Christmas is over, start saving for next Christmas in January! Put a small amount of money aside each month and it will add up nicely come next Christmas.

We have also set up a Christmas Present Budget Planner, to help you organise your Christmas present Spending. It allows you list all your presents, budget and list your spending – download it by completing your details below:

All the best of luck and make this Christmas financially stress free!!