How to Budget this Christmas



Christmas is joyous occasion, but for many of us who aren’t making a lot of dosh, it can be a little stressful to budget.

These are 3 simple tips to help you budget this Christmas and beat the urge to splurge

Know your spending ‘triggers’

Avoiding the temptation to spend money on yourself when you go Christmas shopping for others, is a problem for many of us. Ask yourself, what are your spending triggers? If you go to a Westfield and walk out with more gifts for yourself than for others, AVOID.

Similarly, I am a compulsive online shopper, which is why if I go online to find someone a present I’ll end up buying at least three things for myself. This time of year I delete the Iconic app from my phone and unlike my favourite shopping sites on Facebook to avoid the temptation.

Know the environment which tempts you to spend the most, and avoid it around the Christmas time.

Make a budget, and stick to it

The absolute best thing for your wallet is to establish a realistic budget which you then have to stick to.  Write down your income and regular expenses like food and rent, then see how much you can spend on things like Christmas presents or summer holidays.

Knowing how much money you have to spend will help you buy appropriate gifts. I also budget money for dinner parties around this time. There are so many Christmas dinners on that I set aside a wine budget, so when I’m out to dinner with the girls I know exactly how much I can afford to eat and drink.

When you stick to your budget you feel hella accomplished, and you’ll go into the new year with good habits.

DIY Christmas gifts

When your on a budget, you can’t be getting everyone beautifully expensive gifts, that’s where DIY gifts are perfect!

There are so many amazing ideas out there, whether your friend is artistic, loves make up or is looking for a new set of cups and saucers, you can make anything beautiful even if you aren’t creative. DIY gifts are some of the best because they are thoughtful and made with love.

Tags: , , , , , , , , , ,

Milly Haddrick


Milly is passionate about the issues and concerns of women navigating their way through the world of sex, dating and relationships, with a side passion for brie, dark chocolate and red wine.

Leave a Reply

Your email address will not be published. Required fields are marked *