Have you heard of a tontine? This is where you save a little bit of money each week and you get it all back in November. Friends could do this or work could have a scheme running. This is better than simply saving money in your bank account because you will always have access to that. There will always be something that you need and you will dip into it.
You could also join a voucher scheme. You will pay money into a company like Park Vouchers and they will give you a small amount of interest. When November comes, the vouchers will be sent out to you, through the post. Most high street stores will accept the vouchers and you will also get money off coupons so you can get a discount.
If you want to save money on Christmas clothes then the simple answer is to shop online. You could find websites that sell branded clothing for less because they have access to left over chain store stock. These items are brand new and they are not faulty. They are just items from this season that the stores have not sold themselves. You can get designer clothes this way and not have to go into debt to do so.
You could also use websites like eBay that have second hand items as well as high street stores that sell their sale items online. The only problem with eBay is that the items sell out quick if they are on a ‘buy it now’ auction. If they are a regular auction item, then you will have to wait a few days until you know if you have won or not.
At Christmas time, people go crazy when it comes to food. The shops are only shut for one day now and people think that they need to hoard. You know you have been in the supermarket on the day before Christmas and you have 10 tins of peas in your cart. What do you need those for, unless, you have the whole family coming for Christmas?
The trick is to not get carried away. You don’t need all that food for one day. You should make a list of everything that you do need and then stick to it when you get there, don’t get carried away with panic buying.