Christmas, Family Finance, Money Saving

How To Have A Debt Free Christmas

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I know, it feels like way to early to even be mentioning the C-word yet, and it is a bit really, but Christmas has this tendency to sneak up on you fast! For a lot of people Christmas can be an expensive time of year, with extra money spent on things like food and drink, travelling to see relatives and of course gifts.

In fact the average spend on Christmas per adult was reported by The Independent to be upwards of £750! With this kind of spending it’s easy to see how people can get into debt or have to rely on using credit cards to cover Christmas costs. However, thinking about and planning for it early (the earlier the better) can help you have a debt free, stress free Christmas.presents under a Christmas tree

Starting to find ways now to both save money, and earn a bit extra to build a Christmas fund, should mean that by the time we actually get to the festive season the costs will be covered.


Saving money for a debt free Christmas – ideas and tips


Making a change to your overall spending habits can mean huge savings can be made. Making and analysing a budget can really help identify areas where you can cut bank. For example if you have an expensive TV subscription but aren’t making the most of it, you could cut back to a cheaper option and pop that monthly saving in the Christmas fund.

Try these frugal living tips for more ways to save money by changing a few living habits.

Related: 15 Money Saving Tips For Celebrating Christmas On A Budget >>


Use an automatic savings app

If you find it tricky to save, or aren’t sure you can afford to, using an app such as Plum or Cleo can be really useful. They’re really handy finance assistants (bots) that run in Messenger. You simply connect it to your bank and it works out how much you can afford to save, and then automatically shifts small amounts into your savings. Those small amounts can really build up, and you should find that come Christmas you have a nice little pot, and you didn’t even notice it missing!

This post has more information about how Plum works.


Keep a change jar

This one is old-school, but still works well for a lot of people! If you’re the sort of person that uses cash a lot, try collecting all your odd change in a jar. I hardly ever use cash, so Plum works a lot better for me, but everyone’s different! Then just before Christmas count it all up and use it in your Christmas budget.

change jar

Start Meal Planning

If you don’t do it already, meal planning is a great way to save money on your grocery shopping. Planning in advance and then shopping in line with your plan helps to stop buying things you don’t need, and means you end up with less food waste. Batch cooking can also help to lower meal costs.

Buying in bulk helps a lot too, as bigger packs and bottles of things tend to cost less than smaller versions.


Use apps to save on groceries

Adding a few apps to your phone and remembering to use them regularly can be an easy way to save up a little more. Apps like Shopmium and Checkout Smart will give you money back on your shopping for certain items and simply involve browsing for the offers you want and snapping a photo of your receipt after you shop. You can also use receipt apps such as Shoppix which ask you to take a quick photo of your receipts after shopping and they will send you a voucher or cash after you’ve accumulated enough points for a payout.


Ways to earn extra money to put towards Christmas

There are tons of ways you can make a bit extra on the side to put towards your Christmas fun, but here are a few of the quickest and easiest.

Declutter your home

You’re bound to end up with a lot more stuff in your house after Christmas, so why not have a clear out now in preparation? Do you really need that dress you wore a wedding years ago, or the guitar that never gets played? Why not make some extra space and some extra cash while you’re at it? Unless you’re already a Kon-Mari convert there’s bound to be stuff lying around that you don’t use or need anymore.

There are plenty of options to sell with, you’ve obviously got eBay, which is great for reaching a huge customer base. Facebook and Gumtree are my go-to for a quick sale, or if you prefer to use a selling app, then Shpock is a good one, especially if you’d rather your items were collected rather than posted. Another app with no fees to list is Mercari. If you just want to declutter but can’t be bothered with the effort of selling this way or trying something like a car boot, services like We Buy Books will buy them and you can  post them off for free.


Try taking part in studies or surveys for cash

There are loads of survey sites and apps that will reward you in either cash or vouchers in return for taking part in consumer research. Unfortunately they tend to not to be especially well paid, but the upside is you can do it in your spare time in front of the TV, so it’s little effort. A couple of standout sites that have a reasonable pay rate are:

Prolific Academic – a site which pays you to take part in academic research studies. Once you’ve signed up as a participant you’ll be shown studies that you are eligible for and you can choose which to take part in. Once you’re submission is approved, payment will be added to your account and you can withdraw to either a PayPal or Circle account. Payment rates start at a minimum of £5 per hour but are often more. You can read my guide on earning with Prolific here.

Populus Live – a survey company that pays your to take part in market research surveys. They pay a set rate of £1 per 5 minutes. Surveys are sent directly to your email address. Once you have accumulated £50 in your account you’ll automatically be sent a cheque. It might sound like a slow earner, but there’s plenty of time left before Christmas to earn a payout, and it’s one of the best paying sites I’ve used.


Related: How To Make Extra Money For Christmas >>


When it comes to the Festive period…

Do free Christmas activities

Instead of paying for expensive Christmas activities, find free and festive things to do instead, like doing some Christmas baking, or going to carol services or Christingles with your kids. This post from Family Budgeting has a great list of free things to enjoy at Christmastime.

And finally…

Don’t forget to get cashback!

Christmas shopping basket filled with baubles

When you’re doing your online shopping – and it’s a great idea to start shopping in advance to spread the cost – always always always remember to check for cashback first. Two great sites for cashback are Quidco and Topcashback. For the sake a few seconds clicking you could be leaving money on the table. (I’ve earned over £1500 in cashback since I started using the sites!). If you’re not already registered (and there’s really no reason not to be) you can read more about the different sites available and how they work here.

If your budget is sorted but you struggle with getting everything organised (and don’t we all!) then Becca Blogs it Out has some great tips on how to get organised now to save time later.


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  1. Thanks for sharing! It is so helpful to prepare in the months ahead!

  2. This was so helpful! Fall is the best time to start planning!

  3. It’s NEVER too early for a Christmas post – I have just started searching the web for all my tips, deals, blogs, crafts etc because I am an absolute Christmas fanatic 🙂 Great post btw

  4. Love this! I’m forever saving all year round for Christmas although sometimes you can’t help but put a few things on credit cards! Nice post and great advice!

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