Lifestyle

How much does the average British spend on Christmas… How does it account for your spending?

More than a quarter of Britons have done all of their Christmas shopping by the beginning of December – but more than a third admit they leave it to the last minute.

A study of 2,000 adults found that 1 in 6 ‘super organized’ started early because they ‘can’t wait’ to start their holiday shopping.

The average Brit is expected to spend £446 on Christmas presents and £256 on Christmas food, £167 more than last year

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The average Brit is expected to spend £446 on Christmas presents and £256 on Christmas food, £167 more than last year

And a third simply love buying presents and will have at least five Christmas shopping trips before the big day.

Up to 54% keep in mind what they plan to buy people for Christmas throughout the year to make things easier as they shop now.

Although, research representing M&S Credit Cards shows that 50% plan to move their package to the third week of December.

However, while 4 out of 10 people try to buy and pack all their presents by the end of November, most fail to do so.

Paul Stokes, from M&S Credit Card, said: “There’s nothing like doing a little Christmas shopping to get you in the festive spirit.

“Buying gifts for loved ones brings so much joy to millions of Britons, it’s no wonder people love to go out shopping early.

“There’s nothing better than a thoughtful gift, so it’s really rewarding to see so many people documenting current ideas throughout the year.”

Research also shows that 28% intend to wait for the Black Friday and Cyber ​​Monday sales to begin before they start making purchases.

And this is when the average Brit will buy up to 20% of their gifts.

More than half (54%) collect offers and rewards throughout the year, just to spend on Christmas, with 1 in 6 saying the majority of their shopping will be bought with rewards this.

While more than a third are even known to have started buying Christmas presents during the January sale.

Even so, the average Brit still expects to spend £446 on Christmas presents and £256 on Christmas food, £167 more than last year.

One reason for this extra spending is that 44% want to make up for last year’s holiday season during the pandemic, and 37% want this year’s Christmas to be extra special, according to OnePoll research.

Furthermore, 41% have the capacity to budget but exceed it, with children being given the largest budget allocation – £91 on average.

Paul Stokes, said: “It’s great to see that more than half of shoppers are saving on rewards points and vouchers they earn on spending throughout the year, such as rewards-based credit cards, to make their Christmas sparkle a little special, and give their festive spending a little extra boost, especially after last year’s unprecedented Christmas break. “

More than a quarter of Britons have done all of their Christmas shopping by early December

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More than a quarter of Britons have done all of their Christmas shopping by early December

Here’s how to scale back your Christmas spending – from Black Friday bargains to supermarket swaps.

We’ve shared how UK shoppers ‘will spend £85bn’ on post-lockdown Christmas spending – £5bn more than last year.

Woman dubbed Christmas ‘lifesaver’ after listing hundreds of gift ideas online

https://www.the-sun.com/lifestyle/4127265/revealed-how-much-average-brit-spends-christmas-match-up/ How much does the average British spend on Christmas… How does it account for your spending?

PaulLeBlanc

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