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9 weeks to go: How to start saving for Christmas now

Originally published: Yahoo Finance, 21 October 2023

There are just nine weeks until Christmas (yes, really) and now is the perfect opportunity to get financially organised.

Between seafood platters and Secret Santas, the holiday season can be stressful enough. Here’s a nine-week money-saving game plan to help ease the financial load so you can float seamlessly through the eggnog season.

Gifts: How many people are you buying a gift for? And what do you want to spend on them? A 2022 study found the average Australian would spend $1,059 on Christmas gifts. If you’re reducing your gift budget this year, you’re not alone – 42 per cent of Australians are planning to buy fewer presents compared to previous years, according to Pureprofile’s 2023 Christmas Report.

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