Coronavirus Universal Credit & Benefits
14 May 2021
Presents don't have to mean spending big bucks. Whether it's a promise to give your special someone a back rub, letting the kids have a sleepover or babysitting for friends with little 'uns, your time could be the best present you ever give.
Here's a list of suggested Christmas cheques - please add your own ideas to the Free Xmas Gift Cheques discussion.
Think about your other half and what makes them smile. You could make breakfast in bed, run a luxurious bath with candles, rustle up a romantic picnic or let them pick a movie of their choice (no moaning).
Or how about a "get out of the doghouse free" card, where you let them get away with a minor misdemeanour you’d have normally chewed their ear off about.
For younger kids, one of the best gifts is time with their parents. Promises could include a favourite activity or outing (coronavirus restrictions permitting).
If you need ideas for older kids, consider something like control of the TV remote for a weekend.
Younger children could go for something like making their parents breakfast in bed or being their butler for an afternoon. They could also take on some hated chores, such as cleaning the car, washing up for a week or walking the dog next time it rains.
Adult 'kids' could be their parents' taxi driver for the day or could treat them to a home-cooked dinner.
Think about what specialist skills you have to offer. You could dig their flowerbeds or bring them a home-cooked lasagne.
It might not be that exciting, but promising financially-challenged mates a Money Makeover is a present that'll last long after the festive season.
Retailers hope you’ll ignore the price tags and race for the tills as the Christmas shopping stampede hits. Yet there are sackfuls of ways to smash the cost of Christmas. Here are a few tricks – see Christmas MoneySaving for a full guide.
Consider giving presents a miss this Christmas. This isn’t about gifts from parents or to grandchildren, but the ever-widening glut of friends, extended family and colleagues. Christmas isn’t a retail festival. We need to end obliged giving and think more about what we're giving to whom and why.
If you’re yelling over your wrapping paper “what about the joy of giving?”, remember gift-giving creates an obligation on recipients to give back. For some, the gift of “not obliging you to buy for me” is actually better. Read Martin's blog for more: Ban Xmas gifts.
Plus why not make a No Unnecessary Present Pact (Nupp) with friends? Or at least agree to a Secret Santa or £5 to £10 cap on gifts.
Too many people ask: "What will make Christmas totally perfect?" Then they attack the shops for a festive gift-grab, only questioning their finances later on.
Instead, start with the question: "What can I afford to spend on Christmas?", then work out the best day you can have on that budget.
Christmas is the year's costliest shopping time, but January sales are often the cheapest. If you're buying a big-ticket item (a plasma TV, or a PlayStation) break this stranglehold by giving a Christmas IOU.
Think of it as a gift certificate telling family you're waiting for the sales to get the gift cheaper. You could also buy a small extra gift from potential savings to show the boon of waiting.
This way, kids get a triple whammy: the gift, the boon and a lesson in money sense.
Don’t feel you need to buy posh brands for Christmas. For one ITV programme, Martin held a blind taste-test party for nurses at a hospital with champers, turkeys and more.
Half the goods were higher-level brands, the others a brand-level lower. The guests were blind to which was which, and preferred the lower-brand goods or couldn't tell the difference most (62%) of the time.
So don’t give in to retail snobbery – see Supermarket Shopping for more on the downshift challenge.
Our Festive Fivers contest challenged forumites to come up with the best 'make or buy' sub-£5 presents. Among the inspirational ideas was the 12 Dates of Christmas, an inspirational date night package for someone you love - from a picnic in the park to a candlelit bubble bath.
For kids, plant a fallen bell from Santa's sleigh in your garden on Christmas morning to make children's eyes as wide as their smiles. See 50 Festive Fivers for a full list of winners and inspiration (we last ran the competition in 2012, but many of the ideas are still relevant).
Clever ways to calculate your finances