Sea­son’s fes­tive debts mount for credit shop­pers

Daily Express - - For Brexit - By News Re­porter

MIL­LIONS are wor­ried about the cost of Christ­mas this year and one in three peo­ple al­ready plans to bor­row money to tide them over, a study found yesterday.

The av­er­age fes­tive bud­get is £449 but in re­al­ity we will spend a whop­ping £1,086 each on presents, food and drink, host­ing friends and fam­ily, travel and ac­com­mo­da­tion. bridge the gap. It’s im­por­tant to only spend what you can af­ford.”

The poll of 2,000 adults also found par­ents would sooner give up buy­ing new out­fits, dec­o­ra­tions for the home and gifts for ex­tended fam­ily mem­bers, than see their chil­dren go with­out this Christ­mas.

On av­er­age par­ents will spend £142 per child on presents, women will splurge £110 on their partner, while men shell out about £140 on their other half.

Savvy shop­pers will spend just £15 on cards, wrap­ping pa­per and postage with £21 on dec­o­ra­tions.

How­ever, we spare no ex­pense when it comes to host­ing the per­fect Christ­mas – bud­get­ing £93 for fes­tive drinks and £116 for food.

And Bri­tons cer­tainly want to look their best this hol­i­day, splash­ing out £86 on new clothes, ac­ces­sories and body­care for the fes­tiv­i­ties.

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