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Christmas

From present ideas to party food, find all your Christmas inspiration here.

How do you budget and plan for kids Christmas presents

13 replies

HoHoHolyMackerel · 02/01/2021 21:02

This isn't a how much do you spend thread, but about budgeting and saving. So for example if you plan to spend £100 on gifts for each child, £50 for a main and two small for an easy example plus a stocking , and the £50 one is then available half price.. Do you stock to £100 budget per child and buy another more expensive gift, or say wahoo to the savings. Just curious as I am new to two little ones and have no idea when to draw a line if I'm bargain hunting...

OP posts:
HoHoHolyMackerel · 02/01/2021 21:03

Aargh, phone apparently likes the word stock instead of stick

OP posts:
HoHoHolyMackerel · 02/01/2021 21:05

I guess I should say do you base your spend on the RRP?

OP posts:
MonaChopsis · 02/01/2021 21:09

I spend up to a budget and buy more if I can. Kids don't get gifts from anyone but me, my budget is about £200 each. Wanted to get DD a portable Bluetooth speaker. RRP £90, on sale for £69, had a £50 gift voucher from getting my new phone. So cost deducted from her total was only £19.

I pay more attention to the 'look' of the pile of presents (ie the piles should look about the same size!) than I do the RRP costs!

Kittykatmacbill · 02/01/2021 21:31

£60ish for main present spend not rrp. Then probably the same again in stocking presents, the most critical thing is that presents need to matched (tediously) exactly as their is 18months between my girls and at 6 and 7 fairness has to very explicate.

stridesy · 02/01/2021 21:40

I don’t have a budget as such but write a list Of things they’d like and vary it and wait for the cheapest price. I usually do main present, book collection and game and a few other items. Stockings tend to be things they need and I hold off buying stuff. I also look at second hand for my youngest.

MotherExtraordinaire · 02/01/2021 22:55

I keep a spreadsheet to keep track.
I have a maximum spend. I rarely get close to this. For me, I would stop when I think that I have covered most of what my child wants (they're not excessive) and if I find bargains which I usually do and was easier when younger, then I see that as a bonus for my lo. But it doesn't make me spend to my limit. Hope that helps.

Iseeyoulookingatme · 03/01/2021 09:59

I try and get one gift a month so I'm not really budgeting but it helps to keep my costs down in December. I find things cheaper in the sales than closer to Christmas. I also look at what I buy throughout the year so that I know I'm not going overboard and things don't go missing.

EngineeringFix · 03/01/2021 10:01

If something is on sale it's a win for the family budget.

Figgygal · 03/01/2021 10:04

I put money away every month and don’t spend more than I have had been £30 a month the last couple years
Keep track on my phone of spending using a list on notes
I have a dc with a Xmas birthday and that’s paid for separately

TeenPlusTwenties · 03/01/2021 10:05

If something expensive was on sale then I'd either save the saving or spread it out equally amongst the DC. So it is more about the DC receiving equal value than my spending entirely equally.

Weenurse · 03/01/2021 10:09

Each pay $100 a fortnight goes into Christmas club.
I can access it in November and buy gifts then.
Also pays for food and travel.
In later years paid for school books and uniforms.
Now pays for flights home and car hire.

bugaboo218 · 03/01/2021 12:36

I have a standing order of £150 a month that goes into my savings account that I cannot access until 1st Nov this covers Christmas presents.

In a seperate account I put £20 aside each month for the Christmas food shop and (pre covid) times another £20 a month goes into another account for Christmas days out.

IceCreamAndCandyfloss · 03/01/2021 19:00

Have a Christmas savings pot which has a monthly amount for food, gifts and extras of the season. Don’t really have a set budget per person bar those we buy token gifts for. Pick up things during the year when I spot them and just add them onto the next amazon order to save the delivery men coming quite so often.

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