PRESENTS

Cornwall Life - - FINANCE -

would pay­ing a bill; open an in­stant ac­cess ac­count, and set up a di­rect debit into this from your main bank ac­count.

It is easy to feel pres­sured into spend­ing lots of money on presents, but the re­al­ity is that lots of your fam­ily and friends will be ex­pe­ri­enc­ing the same money wor­ries. The Money Ad­vice Ser­vice held a ‘Talk

Money Week’ in Novem­ber. Ione Gyamfi from the ser­vice ex­plains: ‘We want peo­ple to have frank dis­cus­sions about money to break the ta­boo. It’s so im­por­tant to talk about it in or­der to im­prove men­tal health around the fes­tive pe­riod.’ It may be a good idea to dis­cuss an up­ward spend­ing limit with friends, or per­haps or­gan­ise a Se­cret Santa to cut your list to just one present. Con­sider start­ing new fam­ily tra­di­tions too – maybe from now on, ev­ery­one has to give at least one home­made present.

Although it can be tempt­ing to leave it un­til the last minute, start buy­ing presents early to spread out the cost. Rosie Ban­nis­ter sug­gests buy­ing presents the pre­vi­ous Jan­uary: ‘This is a way to make the most of the postChrist­mas sales. Plus, it means you can ben­e­fit from dis­counts and vouch­ers too.’

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