There is so much expense leading up to Christmas, particularly when you have kids. I was thinking of some ideas of how to save money leading up to the most expensive, I mean, wonderful time of the year. I hope these give people a few ideas 🙂
1. Make hampers. You can get a basket from the pound shop and fill it with whatever you like, wrapping it in cellophane and ribbon. You can adapt it to suit anyone – sweets, alcohol, afternoon tea, beauty products, manicure set, stationery, reading (eg, fill with books, bookmarks, a teacup, tea bags etc.)
2. Get your kids to make your Christmas cards/get supplies from the pound shop and make your own personal ones.
3. Get cheaper drinks. It’s easy to find mulled wine and Buck’s Fizz at a reasonable price and it doesn’t cost as much as spirits. Or buy own brand ones. I love the coffee cream liqueur from Lidl and I can’t tell the difference between it and a branded bottle.
4. Don’t go overboard. I think the reason why so many people end up with money troubles in January is that they feel pressured to overspend and spoil their kids. In my experience, the more thoughtfully you buy fewer presents for kids, the more they enjoy it. They’d rather have one thing they love and a few treats than half the contents of the nearest toy shop. By next year most of it will probably be in a charity shop or cluttering up your house anyway.
5. Make your own mince pies. Buy a large jar of mincemeat in a discount shop and make a simple pastry to encase it. Use it as an activity to do with your kids instead of taking them to an activity with charges.
6. Make driving to see the Christmas lights an event. The most magical part of my childhood was when we got into the car, went into town and drove in a loop around the City Hall to see the lights. Drive around your neighbourhood to see decorations or take the bus into town to walk and look at the lights. (If you live in Belfast, there are light projection shows for free across the road from Castlecourt from 4pm from 16th November until 10th January.) There is also a free Christmas light switch on in most towns.
7. Eurospar are holding free Christmas parties in various locations leading up to Christmas. Ask in your local one about the date for theirs. Select a couple of low cost events and turn them into special days instead of a catalogue of events that tire kids out and leave you penniless and emotionally spent.
8. Buy less meat. The most expensive part of Christmas dinner is the meat and if you’re living on a tight budget, don’t feel under pressure to provide turkey, ham and all the trimmings. Choose one kind of meat, chicken legs or lamb and make extra pigs in blankets or cocktail sausages – everyone in my house seems to prefer them to the turkey anyway 🙂 Alternatively, buy a frozen turkey crown and slow cook with lots of basting. It will taste just as moist as a fresh one. Serve smaller portions of meat and bulk it out with potatoes and stuffing.
9. Buy one Christmas food item on sale every week. If you save things up as you go, it’s easier to accumulate everything you need without noticing the dent in your budget. Just check the freezer and cupboards periodically in case you forget what you have and buy doubles 🙂
10. Go to a Christmas market with a set amount of cash. If you operate in cash and set a limit, you have to be inventive and think about what you really want to buy. I think a lot of overspending comes from always assuming everyone in a group or family has to have an elaborate meal/every available option. Simplify things. Get a hot dog to share with your kids, or some mini donuts for everyone to share. Have dinner at home afterwards.
I feel like I’ve reached the end of this post and this only glazes the surface of ideas for Christmas on a budget, so I’ll write a continuation of this post soon 🙂