How Much Are You Spending On Presents This Christmas?
There was a really interesting article in The Independent this week about our Christmas shopping habits.
According to this article, we are spending more on this Christmas than we did on the last, despite the fact that we are 'technically' out of the recession, yet still waiting for the fallout from it.
Parent Dish this week states “www.vouchercodes.co.uk puts the average amount spent by parents on presents for children at £74.77, while www.moneysupermarket.com finds it is a more generous average of £136 per child – with one in ten spending more than £250 on their lucky children.”
While £74.77 doesn't sound an exorbitant amount to me from the lofty heights of mother to a one-year-old who has no idea yet who the Disney Princesses, Dora or Thomas the Tank Engine are, £250 does sound a little over the top. I mean, I'm all for presents, spoiling and fun, but not at any cost.
The Independent goes on to say that we are becoming a lot more savvy in our shopping too.
“On the high street, shoppers could end up paying 15% more on average than the best online prices for this year’s Christmas must-haves, so we advise everyone to plan in advance, shop smart and head online to help stretch their budgets further this year,” says Richard Stables, CEO of Kelkoo.
This year, the festive spend may be higher than last, despite consumers being more savvy than ever before about where to find a bargain.
But you already know this – that's why you're reading PlayPennies, right?
Here's the thing though. The Independent finishes by saying, “The indications are that this reflects a growing gloom about what is in store the New Year, rather than burgeoning confidence in it.”
I'm not running around spending like crazy, but my reservation is more to do with not wanting to see more toys lie in a bin while my daughter plays with wooden blocks from the garden. I'll wait till she can appreciate it – which takes restraint on my part, because I do want to buy one of everything. I've asked friends to buy clothes and shoes – very practical and rather frugal, but it's not out of fear, but rather the reduction of waste. Next year I'm sure will be a different story.
As penny-wise parents, are you stocking up in dreaded preparation of next year, or are you just enjoying what you have now, and treating your loved ones “while you can”?
*End Image: Sanja Gjenero, from stock.xchng.