According to a recent survey by American Express, almost a third of UK consumers have started their Christmas shopping, the majority of which has been spent on Christmas cards, decorations and wrapping paper.
But is it too early?
Whilst shopping early can help spread the cost of Christmas and help save time later on for many of us, this feels far too early especially as many retail shops are still stocking halloween costumes.
With the high cost of living continuing and the threat of increasing energy costs, finding money to pay for day-to-day household expenses is still a struggle for many families so is spending money on Christmas sound too frivolous?
Our members have been sending in their stories on how to save money over the winter with some tips for save money on Christmas shopping which you can read here.
Another way you can spread the cost of Christmas is with an Ethical Loan from Wave Community Bank and if you plan to start your Christmas shopping early then you can benefit from a reduced loan rate when you make your loan repayments via your payroll – find out more here.
