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The Cost of Christmas in Britain

The Cost of Christmas in Britain How much will we spend? 24% Spend more than last Christmas 36% Spend the same as last Christmas 32% Spend less than last Christmas 5% Don't know 3% Do not celebrate Christmas Where does our money go at Christmas? (Average spend) Gifts Food & Drink £250 £125 Entertainment & Cards & Decorations Socialising £75 £25 Who do we give the most expensive gifts? Family Friends Colleagues Fact: Just over 1/3 of people will spend less than £50 in total on Fact: 1/2 of all people in employment won't buy a single gift for any of their colleagues this Fact: 4% of the population will spend more than £1000 in total on gifts for their family members. gifts for their friends. year. Pressure & Worry 48% of Brits are worried about the cost of Christmas this year 51% Very worried 18% Slightly worried 30% Neutral 28% of women surveyed were worried about the cost of Christmas O Pretty relaxed 17% Very relaxed 7% compared to 44% of men. 45% Feel pressured to spend more money than they can afford at Christmas by influences such as 1/3 people have taken on extra work in the build up to Christmas to help fund it. television adverts and a desire to keep up with family and friends. How far will we go to pay for Christmas? 46% 23% will use some or all of their savings. will use the overdraft facility on their bank account. 11% 10% will borrow money from a will consider a payday loan. friend or relative. Saving money this year 29% of people will make some or all of their gifts this year to save money. Top 10 things people will do to save money this Christmas: 73% will look for deals and vouchers online. 44% will carefully plan meals to minimize food waste. 3 30% won't buy any gifts for their work colleagues. 29% of people will make some or all of their gifts this year to save money. 5 27% are prepared to cut back on alcohol. 23% would consider making a 'no presents pact' with their husband, wife or partner. 23% of parents are prepared to buy joint presents for their children. 18% won't send any Christmas cards. 9. 15% would consider running a Secret Santa gift exchange, so each participant only has to buy one present. 10 8% are prepared to exchange presents for cash or vouchers to spend on essentials in January. 4% of people say they plan to spend nothing at all this Christmas. Merry Christmas SurveyCompare Sources: SurveyCompare surveyed 1,051 people from the United Kingdom for this study.

The Cost of Christmas in Britain

shared by MichaelH on Dec 09
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In a recent survey more than 1,000 people from the United Kingdom were asked questions about their Christmas spending plans and habits. The results are shown in this infographic.

Publisher

SurveyCompare

Designer

Sarah N

Category

Economy
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