Can you believe Christmas is only 10 weeks away!

Normally we wouldn’t be trying to get you into the Christmas spirit so early, we’d leave that up to the shopping centres. But, as we all know, Christmas is one of the most expensive times of the year!  What we tend to find from this, come January the number of people needing to consolidate debt skyrockets!

So it’s important we take charge early to ensure you are prepared to get through Christmas debt free.

After all, did you know Aussies plan to spend around $1,079 each? over the holiday season!

Here are our 5 top tips for getting Christmas ready!

Tip 1: Start saving now

If you are going for broke(quite literally we may add) and are going to spend the full $1000, you should begin putting aside $100 a week right now.

Tip 2: Layby is your friend

We’ve previously written about how layby can help save you big at Christmas, so take advantage of it. With stores giving you the ability to secure the best presents now and lock them away and pay them off gradually before Christmas this is an option which will help spread the cost and save your credit card.

Tip 3: Use a budget!

The best way to stop from overspending and planning your Christmas spend is to use a budget. We’ve put together a Christmas Budget Spreadsheet you can use to get you started.

By taking the time to plan out your Christmas spending, you can know how much money you plan to spend and won’t be stung with any big surprises come New year and the January? credit card statement.

If you’re not sure how to use the budget we’ve also create an accompanying blog post you can read here.

Tip 4: Plan ahead

The key to really getting your Christmas spend under control is to plan ahead. Work out who you have to buy for, how much you have to buy etc. and use this as your baseline of what you actually have to get this Christmas. By writing down a list, and checking it twice, you can use it to keep your spending under control.

Just make sure you only buy what is on your list! Don’t go overboard.

Tip 5: Give something that really matters

Material gifts are not the most important thing in the world. Have often has you mother said a gift from the heart is more important? This is quite true.

Whilst you don’t want to be cheap, look at giving a gift that means something instead of an expensive product that will be outdated in a couple of months anyway. Christmas is about spending time with your family, not spending it getting free? stuff.

Christmas is an incredibly expensive time of year, so make sure to follow our 5 tips to try and reduce the cost!