Ways To Stay Positive After Over Spending In December

Christmas 2017 was the first Christmas since the age of 20 that I had to think about the amount of money I was spending on presents for family & friends. I no longer have the comfort of a fat monthly wage packet and with blogging work slowing down from November onwards it was a case of making every penny count. The cost of Christmas has been on my mind since I left my corporate job back in July and I have previously written a post titled  How Are You Going To Afford Christmas ? . Luckily for me I took some of the advice given by my fellow Bloggers and put some money & vouchers to one side each month to cover the cost, but after reading a survey conducted by Ferratum UK us millennials seem to be sticking our heads in the sand when it comes to overspending during the festive period. Over 1,000 people aged 18-34 were interviewed and here are some of the key findings

Facts & Figures

 41% of millennials said they are worried they won’t have enough money to pay for
Christmas 2017.

 27% are planning to borrow money to pay for Christmas. 48% have had to borrow money over a previous Christmas period.
 1 in 4 millennials would cancel Christmas this year to clear all their debt.
 37% would borrow money to avoid missing an event they really wanted to go to.

  42% of millennials have hidden debt from their partner, friends, or family.
 35% were worried that their partner, friends, or family would find out about their debt.

Makes depressing reading doesn’t it ??? With January 15th ( also known as the most depressing day of the year ) arriving next week I thought I would share some positive ideas to make January less blue and help you save more green £££.


I hope that none of my readers are suffering from financial fatigue and that 2018 will be a year of greatness for each of us. If you think you are in need of help to sort your finances out then contact Citizens Advice  for ways to get your finances back in shape.


Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.