Today marks 100 days until Christmas and although the turkey dinner may seem a while away to some, new research has found that almost two thirds of us (64%) are planning ahead to make sure we adopt a cost-conscious approach to spending this festive season.
An eager 16% started buying Christmas gifts months ago
Our favourite festive thrift tips
The survey of 2,000 adults by American Express reveals the nation's top tip for keeping an eye on Christmas purse strings is to buy presents early and spread the cost (49%). So much so, an eager 16% started buying Christmas gifts many months ago. Next on the seasonal savings list is redeeming rewards or cashback to support their spending (19%), followed by using discounts and vouchers (15%) to keep their stockings brimming with presents.
Canniest Christmas shoppers
Those in the North East are the canniest Christmas shoppers, with more than three quarters (77%) seeking ways to make their Christmas budget stretch as far as possible. Those in the east of England are most likely to throw caution to the wind with their Christmas spending with just over half (55%) looking for ways to cut costs.
- Use our Christmas Money Planner to help budget for the festivities. Plus check out our 5 ways to avoid going into the red this Christmas here.