5 ways to afford a great Christmas without being a Grinch

September 24, 2023

1. Food: Christmas stocking (up)

• Think about what you’ll need for Christmas celebrations and start looking for it now – not the day before.

• Buy stuff close to best before and freeze if you can.

• Shop Monday and Thursday nights. Frozen meat, chicken etc. will always be better buying than fresh.

2. Be present with presents

• Team up to buy one great thing for mum, grandad, etc.

• Vouchers or IOUs for post-Christmas sales

• Secret Santa Must Die!

3. Holiday activities

• Research stuff to do locally or where you’re going now… make the planning a fun family thing

• Write down each on a piece of paper and take turns pulling one out on the day/night before

• Pay for the action, not the extras… picnic, fruit, and drinks with you rather than getting gouged at the beach or zoo

4. Cards and wraps are not all that

• There’s nothing good about spending big bucks on paper wrapping that’s just going to end up in the landfill.

• Use free wrapping in malls or stores when you can or even better, reusable totes, beach bags, etc. that won’t get thrown out or can be part of the gift. Bring back Santa sacks!

• Cards: design your own now, then print them out on the office printer when the boss is at lunch. A great family photo is WAY better than a picture of a snowy village.

5. Be connected for free

• Make a point of scheduling video calls with distant friends and relatives using free apps like WhatsApp, Facetime and Facebook Messenger.

• If you’ve got unlimited internet you can even prop the phone up at the end of the Christmas dinner table and get them to join you! Or get your tech-savvy teen on the job in advance to hook up a laptop or phone to your TV for a big-screen get-together.

BONUS TIP:  Spend money on family, not money on money

Living in the real world means sometimes you will end up borrowing money at Christmas time, but taking a minute to think about what it really costs will leave you with more in your pocket to spend on the good stuff! Using debt for Christmas can leave a nasty debt hangover for your New Year. When you pay credit card interest, get interest-free credit with fees attached or let buy now pay later payments slip, you’re spending money on money! That’s less money left to spend on family, whether it’s presents, food or holiday activities.

Related articles

Money Month: Pause and Get Sorted!
Sorted Money month provides us all with an opportunity to pause. If we pause we can take stock and come up with a plan.
August 8, 2024
Why hibernating isn't always good for your pocket
When all metrics point to a cold economic spell for many families, it's crucial to know where we can help ourselves.
July 9, 2024
Real people getting Out of Debt and On with Life!
Real stories of resilience and financial transformation from everyday Kiwis that we've supported on their debt detox journey.
April 18, 2024

Join Our Tribe

Sign up for our newsletter to receive exclusive money tips, educational resources, and the latest updates on personal finance. Join our tribe today and take control of your financial future!

* indicates required
Money Sweetspot provides financial reset debt consolidation loans to help you take charge of your financial life, reduce debts and get on with living.

You are protected by responsible lending laws. Because of these protections, the recommendations given to you about our loan products are not regulated financial advice. This means that duties and requirements imposed on people who give financial advice do not apply to these recommendations. This includes a duty to comply with a code of conduct and a requirement to be licensed. Responsible lending criteria, rates, fees and contract terms apply. For more information visit useful information.

© 2024 Money Sweet Spot Limited