Christmas on a Budget: How Not to Break the Bank

It’s the season of goodwill which means only one thing: it’s gift giving time.

But, by wanting to provide for our family and friends, we’re all guilty of sometimes giving a little too much. So, instead of breaking the bank, here’s our nifty tips on how to do Christmas on a shoestring budget.

1. Set a budget.


Be strict with it. Know how much you can afford to spend and try and stick to it as much as possible.

2. Plan ahead.


It’s the busiest retail period of the year. Things are inevitably in high-demand, so make sure you secure your gifts early so that you don’t miss out.

You can check what’s in stock by using websites such as Stock Informer. It also tells you when sold out items will be back in stock by sending you email notifications.

(We recommend this one if you’re wanting, what’s topped to be the most popular kids’ toy this Christmas, ‘Hatchimals’.)

Furthermore, be mindful of the delay in shipping times so that you’re not left high and dry on Christmas Day. Plan ahead!

3. Shop around.


Don’t be duped into spending more than you have to. Get the best deal on the market by comparing prices across the board.

Try price comparison websites such as: MySupermarket (for all your supermarket goods), Ciao, Pricerunner and Kelkoo (for more general items, including electronics),

This will ensure that you get the lowest cost. And could end up saving you a fortune!

4. Try the pound stores.


It appears that pound-stores have upped their game in recent times and they could be a life-saver this Christmas.

For things like stocking fillers, home-ware and food items, think pound-stores.

Stay tuned for our next blog post where we’ll tell you what’s hot and what’s not in Poundland/Poundworld at the moment, and how you can grab some great bargains.

5. Try and find cashback deals.


Check out your credit card provider and websites like Quidco which can offer you cashback on purchases.

6. Search second-hand.


Second-hand isn’t always as scary as you think.

It doesn’t have to be a charity shop, but places like eBay, Gumtree, and more recently, Facebook marketplace or local online selling groups.

If you know where to look, you can buy items in a like new condition. This means that if you can accept minor scratches or wear, or perhaps even a brand-new product without tags or packaging, then you could save yourself a fortune.

Additionally, you could even sell some of your unwanted things via these sites to raise some cash for the big event.

7. Spend your points.


Nectar points. Tesco clubcard points. Boots points. All the points! You’ve been accumulating them all year and now is the time to use them.

8. Hit the sales.


If you’re brave enough, venture out on Black Friday to try and grab some discounts.

However, we recommend shopping online as many retailers now offer online Black Friday discounts instead. So, you can save £££ without getting an elbow to the face, hurrah!

And it’s not all about Black Friday, as the main online event of the season is actually Cyber Monday (3 days later), with potentially even bigger discounts. It’s worth keeping an eye out for that.

It’s also worth trying the Amazon sale.

Regardless of your plans this Christmas, we wish you good luck and hope it’s a good one, Lostbox family!

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