Christmas is one of my favourite times of year…it hasn’t always been a barrel of laughs though. I used to leave so much to the last minute and strive for absolute perfection. The Christmas season meant sleeping and catching up with life and January playing catch up financially.
A few years ago I started Park hamper savings….I didn’t think about it much throughout the year as it just felt like another much smaller outgoing so I didn’t really miss it. I saved a small amount each month which didn’t break the bank. When those vouchers came it was the most magical Christmas ever. I set a small budget for everyone and shopped and wrapped before December even came. This was the beginning of planning and having a lot less stress at this time of year. It meant I could relax and enjoy Christmas with family and friends. Now December is not about rushing around, its about attending Christmas activities with the children and catching up with friends and family.
That’s when I knew saving was definitely the new spending, I know it’s not always that easy but there are many ways different ways to save.
After challenging ourselves last October to a month of not eating out – we haven’t looked back.
Eating out used to cost us a small fortune. Whether it was a meal at a nice restaurant or a Friday night take away it all adds up.
Two broke moms are now able to enjoy lovely experiences with our children…..by just changing a few habits. No one is saying you can’t enjoy some of these luxuries from time to time but changing a few habits will help save for something else that perhaps you thought was unaffordable.
A few saving tips
1. Savings tins – coffees/bottles of wine and frequent nights out have been swapped with, just weekend drinking (other than the festive season of course) dining in meals such as Gousto and Hello Fresh cooking. Our ‘Come Dine With Me’ evenings (we have fortnightly) are much more fun than an over priced meal out.
Swap that take away coffee from Costa for a coffee in a flask.
2. Pockit savings – set a target and save, save, save. Set up a dd to a savings account for special events, birthday funds & trips/holidays.
3. Save for Xmas or other events using Park, or supermarket saving schemes to spread the cost of Christmas.
4. Swap nights out for nights in. Invite friends and family round – to lighten the load ask them to bring a dish/drink.
5. Monitor your spend each month – go through your accounts – look at what have you spent, you’ll be surprised where you can cut back even if it’s by a little.
6. Check out local churches, libraries & schools for free events for the kids over Christmas.