definitely, it is the only way to ensure I pay the bills and eat this month, sorry Josh!
Am not going to spend what we don't have - so yes we will be cutting back considerably this year.
Fred Goodwin is spendign my money
Yes, will be cutting back this year. As pensioners on a fixed income and with interest rates falling fast we do not have the same amount of disposable income. Also my sisters, brother and I are donating to charity instead of buying each other presents this year. So we will save a little and a charity will benefit.
Defintely we will all have to cut back due to other peaples bad management
I would like to spend less but think i will end up spending more as every thing seems so much more expensive in the shops not to mention food prices. when you have a big family and every one wants a traditional christmas with turkey and all the trimings then it adds up! and kids still want the latest presents they dont understand that parents and grandparents cant nessarily afford them!!!
I have to cut back as I became unemployed a couple of months ago and am due to go into hospital for an operation so budgeting is crucial on meagre benefits! :(
I am having to cut back. I have just given my Granddaughter almost all my savings. Still its only money and I wont need it. It will help her and husband and 3 children far more than me.
Yes, we will be cutting back financially, but by shopping for bargains means we won't miss out!
We have never spent much on presents for our three children (4,6 and nearly 8).(around £25-£30 each) This is partly due to them having a fortune spent on them year round for ballet lessons etc. Also we have elderly relatives who like to send money and also like to see it actually spent on a gift - normally clothes.
However, as our children do not have big expectations, they are never disapointed. They are delighted with their gifts.
It has never been really necessary to be like that financially, but we have prefered to manage expectations at a young age, so things are easier when they are teens! (And need more spent on them!!)(Our four year old always prefers the boxes!!)
I have already bought gifts online with special offers and also in shops, whenever I have seen a good offer in the last few months!
I always cook from scratch, and it needn't be expensive. Christmas cake and puddings are easy to make in advance, and are nicer than luxury bought ones. (More expensive to make than cheapest bought ones, but generally cheaper than luxury ones)
Incidentily, we always have a fab Christmas!!!
Have a great Christmas yourselves!
Christmas has always been an expensive time. What I would like to cut back on,is the stress caused by trying to make one day in the year "PERFECTION". We start planning and shopping for it as soon as September, have one day of greed and excess, and then spend the next couple of months paying for it. It might only be "one day" but the whole thing seems to take up about 6 months of our year!
Yes. This is my first Christmas after taking early retirement. I will definately be cutting back and have already agreed with 3 others not to buy each other Christmas presents.
We will cut back a little but will be spending well once the heavily discounted bargains turn up, which they will due to poor sales. The january sales will be good awash with bargains
Of course we'll have to cut back. It goes without saying.
As for Max, say NO to your kids who want the latest games. It's easily done and teaches them that money doesn't grow on trees. I never got EVERYTHING I wanted at Christmas when I was a kid.
As adults we need to start re-educating future generations that you can't it all. A pair of trainers is a pair of trainers whether it has a Nike tick or not. Any kid that doesn't understand that should be taught the lesson by saving up and paying for it themselves out of their pocket money, and then we'd soon see how vital that gadget is to their happiness!
Before someone thinks I'm being heartless, I've seen the excitement kids have for their Christmas presents, and have seen how quickly they move onto the next one. Tough times call for tough measures I'm afraid (and yes I do have two little boys, who at only 4 and 7 are starting to expect everything they ask for).
Definately will cut back. Will spend less on presents & buy less food.
No choice as on a pension which does makes it very hard to make ends meet.
We’ve been trying to cut back for years.
Christmas has less and less true meaning to my wife and I and more and more we see it as a commercial event that is milked to the fullest by the High Street. Yes we enjoy giving but within our limits but we have to be pretty hard nosed to stay within our limits these days when we’re bludgeoned into buying by the retailers at every instance. Maybe we will manage to reel it in this year and return to the Christmas' of the past when it still stood for meaning something very special rather than an event you were glad to see the back of!
Yes I intend to spend less for Christmas, I have no choice and I have already been cutting back considerably this year.
I was always brought up to respect the value of money. From an early age, i never expected anything, but was always grateful for everything i got so when it comes to Christmas, i dont normally spend a fortune on people.
I am blessed with owning my own successful IT business, so money is not an issue because i have worked very hard to get to where i am now & am in a good stable financial position, but because i was brought up to respect the value of money, i dont see the point in giving my kids loads of presents and spending a fortune on them! Instead i will be giving each of my 40 employee's £1000 each as a christmas bonus because they could probably use that money to buy their family's presents for xmas etc.
So theoretically im spending a fortune at Christmas, but im giving it to people who would need it more than i do.
Srould we cut back? Despite the claim that this is a world crisis,and the U.K is an innocent victim of this instability, may I enquire from anybody who has any influence who they think they are kidding.
The greed factor was evident for all to see in the bonus fuelled largesse of the city grandees who are still playing games with the taxpayers who have bailed them out of the mire. 1.5% CUT in base rates and the will not pass it on!Whose is the tail that is wagging the dog?
The pensioner and people who depended on benefits have over the past 10 years of this government been granted an average of 50p in annual increase and yet this shower can find £50billion to keep in post people whose incompetence and salaries are breathtaking.
The poor foot soldiers of Iraq and Afghanistan DIE as a direct consequence of Brown's point blank refusal at the start of the conflict to fund armoured replacements for the agriculural snatch land rover and adequate helicopter transports which would have cut their exposure to landside bombs.
We should also note that the funding of specialised medicines was curbed and people have ruined themselves financially attempting to save the life of a love one with a major illness again by the direct intervention of the then chancellor of the exchequor brown.
Yes there is much to cut back on it is a disgrace that a Labour government has not only bailed out the banks but then allowed them Northern Rock specifically to repossess houses on a scale unprecedented in living memory.Things can only get better? Really who for the cabal around brown and his new peer Lord Valdemort!
How great to get the chance to cut back and appreciate the small things that make xmas special!
This could be a chance to get creative and make presents. I have just finished making chutneys and autumn jams to give as presents. Something homemade that has a lot of time and love put into it won't break the bank and means so much more. Get the kids involved in making decorations from fir cones and twigs etc, and enjoy conversations around the table that would be missed in the rush to the shops!
I am looking at this as an opportunity not to be missed.
I for one will be spending more this year as it's the first year in my life that I have a net asset value which is finally positive (i.e. I don't owe any money to anybody).
After finally paying off our mortgage 18 months ago, we've been steadily putting money away each month into savings - something I've never had the privilege of having before.
For me, this year I am in the fortunate position of being able to spend money on the people I love without worrying about the ramifications when the credit card statements land on the doormat mid-January!
Yes definately cutting back - need to survive
I will be cutting back as I have done for most of this year. I hope that the very clever and talented people "in the City" who by their greed have brought us all to this financially appalling state will not be receiving £32 BILLION in bonuses this Christmas!! It's so good to live in a fair and just UK
yes we will cut back this christmas, the point of the day is to do something enjoyable and different to the rest of the year, most children would enjoy time spent with them, activities, and good humour and a couple of presents dont breaK the bank. Our consumer driven society has become pathetic and lashing out at the shops has taken the place of imagination and ingenuity.
Well how about explaining it to them?
When I was a child my family went through a difficult financial period, and I wasn't asked if I understood it, I simply had to cope, like the rest of the family. Pretending everything is as usual and nothing major is going on in the world is giving your children the wrong signal. They have the right to be informed and not overprotected. It will be the same for other children, and it won't kill them or somehow spoil their innocence.
Christmas, just another day, so why splash out
I have put heating oil in for my daughter now as she needs it that is her
xmas present for her and her family
We are sharing the cost of xmas dinner between us
When money is tight why spend when you don,t have to
There is life after xmas and we have to think about that
Just wanted to say it's nice to hear someone being posotive over the whole matter, and just getting on with things and not complaining! I hope you have the best christmas ever!!!!
I'll be spending about the same as last year, but its not a lot. I buy small presents for specific people through the year that I see at a bargain - e.g. a book my other half will love was 30p in a charity shop (not £20 as on the cover). I'll also make some items, as this will be more personal. It will be £10 - £15 for my partner, but will be worth lots more (and would cost a lot more if I bought it all at non bargain prices).
I won't be spending very much this Christmas as per usual, not through inability but through choice - I'm, quite frankly, sick of all the materialism and commercialism surrounding the 'festive period' these days.
We have decided to give Xmas a miss this year...only buying presents for the kids...no tree or festive food either. The relief is enormous...only sending cards to people we don't see. Decided to fly to see my sister on Xmas day...goodbye commercial Britain.
It sickens me that the people who cause all this misery, our glorious leaders, will have their usual comfortable Christmas. They will not have to economize in any way - if necessary they will vote themselves a huge salary increase although their expenses should more than cover everything
Christmas is a season for brushwood the fire for hospitality in the hall, the genial light up of charity in the heart, so that why on christams time we also give some money to these.
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