Have you ever watched the film Christmas with the Kranks? It’s a great flick based on a John Grisham novel where a dad decides that he and his wife should skip Christmas. Of course, the conclusion of the film sees them both having to embrace the holiday spirit. But it’s an interesting idea and one that brings up an important question. How much does celebrating Christmas actually cost? Before you get the wrong idea here, this isn’t a suggestion that you should actually try and skip Christmas, that’s silly. But by working out how much it costs you could save the right amount each year and not feel the pressure on your bank account. So, are you ready to do some good old maths? And you thought you’d never use it against have school, pfft.
Let’s say that you have two kids to keep things simple, one significant other and a couple close friends as well as, ooh I don’t know ten extended family members to buy gifts for. You might also be roped into the Christmas secret Santa at work.
Alrighty then, now remember, kids, don’t know you’re buying the presents so they don’t tend to have a fixed price in mind when writing their lists. That’s why there are adorable Christmas lists online where kids have asked for ponies, swimming pools, a full sized castle etc. However, ignoring the crazy, you’re probably looking at spending close to a £1000 on presents at Christmas for the kids alone. It’s a good job you can get a £1000 loan online!
Yep, it sounds a lot, doesn’t it? But it’s not really, particularly when you think about what the typical child is asking for. Perhaps they want the new Xbox One X. That alone will cost you around four hundred and of course need a couple games. VR is a similar story as is the typical Ipad or even toys for little ones. The new must-have animatronic tiger costs close to a hundred by itself!
Be aware that some parents also fall into the trap of spending a lot one year and feeling they have to spend it every year.
Other gifts you could probably get away with less so £100 for your partner, £100 total for friends and coworkers. Let’s say on average you spend £25 on those ten family members and that’s £250. So far we have a grand total of £1450 and we’re being conservative.
Tree And Decorations
Ah, this one will add about sixty or seventy for the tree and let’s say about fifty in decorations. Hopefully, that includes crackers and things for the tables. You might have noticed projector systems for your home this year and they cost forty so let’s round up and say about £160ish.
Food Glorious Food!
Oh yes and then we have the food. If you want all the fixings and to fill up the sideboard for a full family we’d bet you’re going to be spending at least £150 as an easy estimate. If we haven’t left anything out that brings the grand total to £1760. That’s a darn sight less than Christmas with the Kranks suggested but it’s still quite a high number and don’t forget this is assuming you don’t overspend on anyone other than the kids.
Christmas it seems may only come once a year, but when it does it bleeds our bank balance try. Still, it is the season of spendi– eurgh, I meaning giving. It’s the season of giving!