Am I supposed to feel joy over a PowerPoint presentation?
Am I supposed to feel joy over a PowerPoint presentation?

Esther O'Moore Donohoe

Nowstalgia: beauty’s most forward-thinking trend? Looking back
Nowstalgia: beauty’s most forward-thinking trend? Looking back

Holly O'Neill

Here’s how to maximise your annual leave in 2022
Here’s how to maximise your annual leave in 2022

Megan Burns

What’s coming to Netflix this November
What’s coming to Netflix this November

Lauren Heskin

The reality of being a single mother by choice: ‘I conceived my son with a sperm donor’
The reality of being a single mother by choice: ‘I conceived my son with a...

Amanda Cassidy

What you watch on TV says a LOT about your personality
What you watch on TV says a LOT about your personality

Amanda Cassidy

The most beautiful and inspiring 5k runs around Dublin
The most beautiful and inspiring 5k runs around Dublin

Megan Burns

Penn Badgley and Cardi B just won this week’s Most Unlikely Friendship Award
Penn Badgley and Cardi B just won this week’s Most Unlikely Friendship Award

Lauren Heskin

50 bricks and mortar Irish shops to support this Christmas
50 bricks and mortar Irish shops to support this Christmas

Eoin Higgins

Jamie Lee Curtis shows every parent how to handle their child transitioning
Jamie Lee Curtis shows every parent how to handle their child transitioning

Jennifer McShane

Image / Editorial

6 Ways To Avoid The Christmas Overspend


by IMAGE
17th Dec 2015

christmas shopping

6 Ways To Avoid The Christmas Overspend

Christmas is fast approaching and amidst all the twinkling lights, festive parties, mulled wine and mistletoe, there is one thing that’s never too far away from our minds – how exactly to pay for it all.

In Ireland we’re all guilty of overspending at this time of year with half of households admitting to going over budget last year by €200. The average each home spends €1,000 on food, drink, gifts and socialising over the festive period so without keeping a close eye on where our money is going we can quickly let it run out of control.

So before you reach for the credit card here’s some useful tips to keep you from overspending this Christmas.

1. ?Make Lists.

One of the simplest things you can do to keep tabs on your spending and end that mad dash on Christmas Eve is making lists. Don’t rely on your memory or you’ll forget who to buy for and what they want. Keep several – gifts to buy (and already bought!), food to get, things you need to remember over the few weeks. Keep them in a memo or an App on your phone so you can update on the go. That way as something pops into your head – a perfect gift, or a special offer, you can jot it down straight away and you won’t be grasping for ideas wandering around the shops.

2. ?Organise a Kris Kindle.

Between friends and family?the gift-buying can really add up. A Kris Kindle means everyone gets a ‘decent? gift and also what they want; for children, agree to only buy for two each in extended family but agree a budget. Parents will be delighted as many kids get far too much and never remember what is from whom. Alternatively, buy only ?family gifts? – a big board game or voucher for a cinema trip and treats.

3. ?Do Your Internet Shopping.

Internet shopping removes the element of implusive buying which we’re all guilty of, particularly when it comes to the food shop. Perfect your list and order early as leaving it too late runs the risk of items not arriving in time or worse, at all. You have very strong consumer rights buying from EU based websites – with the right to return goods if you don’t like them. See www.eccireland.ie for info.

santa letter

4. ?Don’t Be Afraid To Bargain Buy

When shopping, look out for 3-for-2 or BOGOFs (buy one get one free) especially in fancy aisles in supermarkets or cosmetics in say, Boots. Keep the ?free? item as a stocking filler or that ‘spare’ gift for a surprise visitor.

5. ?Offer Your Time and Skills

If you’re financially stuck, why not offer gifts of time or talent instead? Parents would be thrilled to get a ?voucher? for an evening’s babysitting, or older people with an afternoon’s gardening or an offer to drive them to appointments. Make up inexpensive gift boxes for ?Movie Night? (popcorn, DVD, chocolate treats), or ?Bath Night? (candle, bubble bath, mini champagne bottle) – wrapped in lots of cellophane and ribbons for friends.

6. ?Get Organised

It may be the dull, sound advice that you already know but definitely don’t want to hear but Christmas is guaranteed to come every December 25th so you really should be able to prepare adequately! By the time January rolls around you probably won’t be able or in the mood to begin saving for next Christmas so why not start now. Put aside a set amount of money each month and you will be even more determined come next December not to break into your current account balance and stick to a strict Christmas budget!

Screen shot 2015-12-15 at 16.59.17

 

rabodirect-logo-rgb_4fb49a4c310f8

To find out more about setting up a RaboDirect Savings account visit RaboDirect.ie or call 1850 882 244

Cooperatieve Rabobank U.A trading as RaboDirect, is licensed by the Dutch Central Bank in the Netherlands and is regulated by the Central Bank of Ireland for conduct of business rules. Terms and conditions apply. RaboDirect is part of the Rabobank Group.

Also Read

6 Ways To Avoid The Christmas Overspend
EDITORIAL
How to limit drips and brush strokes while painting kitchen cabinets

Painting kitchen cabinets can be transformative and can be achieved relatively low-cost, but you need the right equipment, and a lot of...

By Amanda Kavanagh

6 Ways To Avoid The Christmas Overspend
EDITORIAL
Trinity Tales: ‘Front Square was her garden, and the city was her playground’

Annie Gatling, now Colleran, knew Trinity College was for her when she saw Front Gate from the top storey of...

By Amanda Cassidy

6 Ways To Avoid The Christmas Overspend
EDITORIAL
Attending multiple weddings this year? How to save money as a guest

These days, going to a wedding is the equivalent of going on a short holiday in terms of cost. From...

By Jennifer McShane

6 Ways To Avoid The Christmas Overspend
premium EDITORIAL
Business Club members get your complimentary tickets to The IMAGE Business Summit 2021

Don’t miss this year’s IMAGE Business Summit, with an expert line-up, skills masterclasses, keynote addresses and more.Back by popular demand,...

By Shayna Sappington

6 Ways To Avoid The Christmas Overspend
EDITORIAL
8 easy ways to keep your brain healthy that you can do right now

Your brain health is just as important as that of the rest of your body, says psychologist and neuroscientist Dr...

By IMAGE

6 Ways To Avoid The Christmas Overspend
EDITORIAL
This spatchcock chicken recipe will make your weekend

This is a great way to get a juicy roast chicken, bursting with flavour.     Bord Bia’s Spatchcock Chicken...

By Meg Walker

6 Ways To Avoid The Christmas Overspend
EDITORIAL
‘Romy & Michele’ actress Cortney Wolfston on being fired while pregnant

“I was confused. Hadn’t I just been told this was a perfect time to be pregnant?” she questioned. Actress Cortney...

By Sarah Finnan