Merry Tips to Save Money for the Christmas Season

Financial Wellness
4
min read

Christmas is the season of giving.

It’s that time of the year when we exchange presents, celebrate with loved ones and enjoy all the Yuletide festivities.

Having a merry time is all good, but it’s best to spend wisely when it comes to Christmas shopping.

You wouldn’t want to start 2022 in the red, would you?

Here’s how you can make the most out of the holidays without burning a hole in your pocket.

Go big on experiences.


Rather than spending on a new outfit, buying expensive presents or preparing an ultra-fancy feast, create meaningful moments with your family and loved ones.

Who says that holiday celebrations have to be expensive?

There are lots of fun party ideas that your guests will love. Enjoy a Christmas movie marathon together while sipping a comforting cup of hot chocolate.

Dance to Christmas faves like “All I Want for Christmas is You” and take lots of pictures. Have a game night! And there are plenty of card and board games you can choose from.

Classic games like Scrabble, Monopoly Christmas edition and Jenga are all available on Amazon.

Use Zilch to split your payments into 4 over 6 weeks with no fees and 0% APR.

Or get 5% cashback in Zilch Rewards until the 31st of December when you pay in full.

Make a list and check it twice.


The first thing to do is to determine the maximum total amount you’re willing to spend on presents. Set that budget so that you won’t go overboard.

Then make a list of all the people whom you plan to buy gifts for and divide your budget as you please. Double-check everything.

It’s also advisable to give group presents.

For example, a box of sweets for one family or a bottle of wine for a couple. Costs could pile up if you give individual gifts to everyone.

In this scenario, having an app like Zilch will again come in handy because with Zilch, you have a personalised available spend.

You can use this as your maximum budget so that you can spend responsibly. You can also spread out your payments over 6 weeks with no fees and 0% APR at thousands of stores.

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Merry Tips to Save Money for the Christmas Season 2

Plan ahead and shop early.


Sale season kicks off as early as November through Black Friday and Cyber Monday deals.

But if you missed out on them, don’t fret because there are Christmas gifting deals all month long in most stores.

Just know that people are more prone to join the bandwagon in making last-minute purchases and buying on impulse during massive Christmas sale events.

So we suggest shopping early. Get Christmas shopping out of the way by planning exactly what, where and when to buy.

Make or bake your presents.


Get creative and DIY your Christmas gifts.

Bring out your inner Nigella Lawson and whip up some luscious home-baked cakes, pastries or desserts for your friends and family.

If you’re into sewing or knitting, perhaps you can make a mini-coaster or jumper for your loved ones.

Or maybe make some bracelets and trinkets.

Even a handwritten letter or card would make for a thoughtful present.

They’ll definitely love your presents because they’re made with love and from the heart.

Give gifts that give back.


Who says that you can only give gifts to the people you know?

The Christmas season is the perfect time to volunteer and spark joy in other people’s lives.

Look up charities, care homes or children’s homes and see what you can do to help.

Being kind and giving back not only feels good. It’s also free. The best things in life are.

Go and share the joy this season. Focus on being present for your friends and family rather than spending money on expensive presents.

Eat, laugh, listen to each other’s stories and let the spirit of Christmas bring you love and light.

18+ UK residents only. T&Cs apply. Credit subject to status.
No fees, Zilch 0% APR at all eligible stores.
Zilch Anywhere £2.50 fee APR ex. 11.50 % on a £400 loan at non-eligible stores. Spend responsibly.

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