Uk news Parents plan to reduce Christmas spending - but not on kid's presents PremierLeague-News.Com
PremierLeague-News.Com - Parents would rather that their child received money or a memorable experience over toys or 'tat'.
PremierLeague-News.Com - Breaking Sport Transfer News ! Parents are going to cut back on spending this Christmas, but not on their children's presents, according to recent research. The latest Mindset survey carried out by Asda found that 92 percent of shoppers plan to spend the same or more on their children this year despite having smaller budgets due to the cost of living. However, families are planning to make cuts elsewhere to make their festive budgets stretch further with over half planning to spend less on Christmas decorations. Read More Related Articles Supermarkets urged to cut fuel by at least 5p a litre 'immediately' to help struggling drivers Read More Related Articles Santander launches current account to replace 123 Lite with 4% interest and £20 cashback a month Let us know in the comments. The supermarket also found that after paying tax and essential bills in October, the average household had £203 per week left – the lowest amount since August 2018. Separate research carried out by Ford Money found that 67 percent of parents would prefer their child to receive a memory making experience, and almost 60 percent would prefer they receive money for their savings rather than more toys or “tat”.
News source = PremierLeague-News.Com
. Will Davies, Chief Deposits Officer, at Ford Money comments: “With so many parents wanting loved ones to gift money or experiences, instead of toys that might go to waste, it seems that there has been a major shift in how the UK will be gifting this Christmas." Will you be cutting back on Christmas presents this year? Or will you chop down your festive spending elsewhere? Let us know in the comments below. Don't miss the latest news from around Scotland and beyond. Sign up to our daily newsletter here.
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Source = PremierLeague-News.Com