Lifestyle

Smart ways to not overspend on Christmas presents

Margaret Bondin from Big W Tweed City gets into the present season.
Margaret Bondin from Big W Tweed City gets into the present season. Blainey Woodham

CHRISTMAS is a favourite holiday, but with the increasing financial difficulties we face in this economy it is getting harder and harder not to turn into a total Scrooge.

We all love giving and receiving gifts but it costs a lot and we don't always have the money.

Start early to think of ways of giving gifts without breaking the bank.

Financial counsellor Dyanne Carey said Christmas was one of the times that could send many people into fin- ancial trouble from overspending and spontaneous buying.

"And it's got to be good to avoid being just another mug in the commercial Christmas purse drain," she said.

"For a holiday that should be all about family, friends and loved ones, there are a few simple solutions to making this holiday a little less stressful financially.

"Why not donate to a charity instead of buying everyone gifts.

"On Christmas, gather around the table with your loved ones and explain which charity you chose and why it means so much to you.

"There are giving trees in many stores.

"Anyone can do this and you can each share a story about the gifts you chose for the child.

"Adults don't need gifts.

"It's all about the kids, so buy gifts just for the children."

Whether you choose to buy gifts just for kids under 18 or under 12, you can save a lot of money by not having to buy the adults presents.

Buy themed gift baskets for families.

Set a limit on the price of each gift.

If you have a lot of people to buy for, you can make it a requirement that everyone buys a gift under a certain amount, such as $25.

"You can always find cool gifts at the el cheapo stores, markets and even the Op Shop," she said.

"Another idea is to buy everyone a gift card. Along the lines of setting a price limit for gifts, if you're one of those people who is never satisfied with your Christmas gifts or never knows what to buy anyone, gift cards are an easy solution."

Topics:  christmas presents, dollars and sense




Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

'My husband lasted 6 weeks as a stay at home dad'

APN Hey Mummy Feature for online - stock images. Katie Dykes being interviewed for the webisodes. Photo Marc Stapelberg / The Northern Star

FROM the outside, being a stay at home mum looks like a breeze.

THE EXPERT: Stop judging working mothers

SUPER MUMS: Being a working mums comes down to perfecting time management.

"WORKING for money is all right; so is working because you want to.”

OPINION: How to prepare your child for day care

Your kids will love childcare, but it may take some adjusting.

GETTING your child ready for day care is vital.

Health and nutrition with kids - how do you balance it?

HOW important is health and nutrition in your household?

Smack or no smack - where do you stand?

THE debate is reignited - is smacking acceptable?

Technology and kids: Do you ever cut their wi-fi?

Check out our new video series featuring mums having a chat

Chilly start to make way for sunny days

A reader picture of the heavy snow in Guyra in the northern NSW tablelands.

Snow reported west of the range overnight

WHAT'S ON: Things to do in Ipswich these school holidays

File photo

Here are 15 ways to keep the kids busy these school holidays

Ipswich to show their appreciation in jersey

The Ipswich Jets show off their special Indigenous round jersey designed by Ipswich students at Bremer High.

Students help design Jets Indigenous themed strip

Latest deals and offers

Driveway delivery

Toby Hill was born on June 22 on his grandparents driveway in Riverhills. Pictured is big brother Bradley Hill, dad Matt Hill, mum Hannah Hill, grandmother Donna Eagle and grandfather Nick Eagle.

Toby Hill was born on June 22 on his grandparents driveway in Riverhills.

Rosewood Amber Alert

No Caption

Audio of Detective Senior Sergeant Greg Williams of the Ipswich Child Protection...

Ernie Els dunks for eagle

Smooth swing, great shot.

Ernie Els lives up to his reputation for one of the best swings in golf.

Three bedroom, 1100sqm block: Is this Qld's cheapest home?

BARGAIN BUY: Is this North Bundaberg property the cheapest home in Queensland?

Becoming a real estate mogul is all about risk and reward

PROPERTY BOOM: Coast prices set to skyrocket

Like other areas in south-east Queensland, the Sunshine Coast is at the start of the upturn on the property clock.

Values predicted to rise 25-33%