READER QUESTION

Q I keep hearing about Christmas savings clubs. How do they work?

A Many people use these clubs as a way of putting money aside ahead of the big day. For example, with Park Christmas Savings (getpark.co.uk) you set a goal and pay in what you can, when you can, on a regular basis. You’ll then get it all back in vouchers or gift cards in time to sort your Christmas. But if you’re considering using a scheme, always do your research and read the T&CS to make sure you’re happy first.