How do students afford Christmas?

CHRISTMAS is a magical time of the year, bringing both family and friends together.

Turkey, Yorkshire puddings, pigs in blankets, roast potatoes and of course presents are the things we look forward to when December comes.

But how do we afford all of this?

Christmas can become one of the most expensive times of the year for everyone but especially for students, who are already in debt.

The average price for this years ‘must-have’ toys is £60, with the most expensive being a Star Wars toy costing £119.99.

Gift displays are put in shops with the best deals for students to find.
Gift displays are put in shops with the best deals for students to find.

According to a survey of 2000 people on voucherbox.co.uk, people are intending to pay an average of £21 per family member on gifts.

This could put a lot of pressure on students buying for younger siblings or their children, and also having to think about the rest of the family.

You should steer clear of expensive shops such as Swarvoski.
You should steer clear of expensive shops such as Swarvoski.

Students can end up spending more money than they want because prices are often the same in many retailers, so the perks of student discount can offer a way to get quality gifts within your budget.

As Black Friday has hit the high street, this is a great time to find your perfect gift. Many stores offer between a 40 and 60 per-cent discount on gifts in time for Christmas, according to Martin’s money saving expert

Budgeting is the key element for cheaper Christmas shopping, setting a limit on how much you can afford to spend to discourage overspending.

Student Connor Thorpe has been saving for Christmas since July this year.
Student Connor Thorpe has been saving for Christmas since July this year.

Student Deana Hughes said:  “If I see something in particular that a family member would like I would just buy it”.

“I feel if you can properly budget and you can manage a part time or temp job it will be fine”.

 

Offers on gifts are already in store to prepare for a budget Christmas.
Offers on gifts are already in store to prepare for a budget Christmas.

Tips and support for managing Christmas on a student budget can be found here: http://goodgirlgonebrum.co.uk/how-to-afford-christmas-on-a-student-budget/

 

We spoke to Deana Hughes, a student in Southampton about how she budgets for Christmas, listen below:

by Flare Usher @flareusheer