10 Christmas money hacks

1. Spruce savers

A Christmas tree is the piece de resistance of every festive household so what’s better than getting yours and receiving a voucher on top. With Ikea's annual Christmas tree offer, you’ll receive a £20 voucher when you buy a real Christmas tree for £25 from a participating store until December 23.

2. Deck the halls

Now you have the tree, go creative with the decorations!  Try baking orange slice and, tying cinnamon sticks to them with ribbon and putting them on the tree - or taking the grandchildren out to pick pine cones. You can sprinkle festive homemade chic over your home, without the big price tag. Check out our cheap and easy decorations you can make at home.

3. Creative gifting

Get inspired by shows like the British Bake Off and The Great Pottery Throw Down and use your creative talents to make gifts for the family and save money. Even if you’re not the most artistic, having a go at making wrapping paper, cards or putting together the perfect hamper. Pinterest and Instagram are great for inspiration and tips.  Check out Yours Pinterest here. It's great fun for the children too and who doesn't appreciate a personal, homemade gift. Here are some cheap and easy handmade Christmas gift ideas to get you started.

4. Thrifty feasting

Eating your favourite festive fare doesn't have to cost a fortune. Why not upload a virtual shopping list to a grocery comparison website like Mysupermarket to find the cheapest prices. Also, check out our festive food savers here.

5. Going home this Christmas?

Book your train tickets now! Rail operators launch cheaper tickets from 12 weeks before, so if you want to buy cheap tickets for Christmas, check prices then, as they usual get snapped up quickly.

6. Watch out for costly TV subscriptions

According to Freesat, we spend an average of £471 per year on paid-for television. But the classic Christmas programmes, like the Queen’s speech and Dr Who are all on subscription-free channels.

7. Let loyalty pay

There’s a whopping £6billion in rewards sitting unclaimed from just the top 10 loyalty schemes according to research from loyalive. Check your Boots Advantage, Tesco Clubcard points and Sainsbury’s Nectar points and turn your rewards into gifts for your loved ones. Download the Loyalive app (App Store and Google Play) to keep your cards' balances and rewards in one place.

8. Get cashback

We can all be guilty of going over budget during the holiday period, so why not make sure you get rewarded for doing so.  Look into cashback websites such as Quidco or Topcashback, where you’ll receive a percentage back of the purchase amount. It’s easy to do and the money is paid directly into your bank account.

9. Sshh...  Secret Santa

If you have lots of people to buy presents for, why not do Secret Santa? Whether it’s with your work colleagues, friends or even family members, set a budget and secretly draw names for who needs to buy for whom. This is a fun way to buy fewer presents and keep costs down too.

10. Go plastic

Cashback credit cards can be a good way to earn as you spend on all your Christmas goods. Make sure if you do get one, you set up a direct debit and repay in full every month so it's interest-free. Use our top tips to save on your Christmas shopping.