How to manage the cost of Christmas and cut back on waste

Christmas is a time of celebration. Usually, big families all get together to exchange gifts, tuck into a hearty dinner, play games and reminisce, as well as share what we’re most looking forward to in the coming year. However, due to the global pandemic, it is highly unlikely that we will be able to gather in large groups this festive period. 

An additional impact that Covid-19 has had on the world is the closure of thousands of shops. In 2020, we have seen town centres empty, and instead, we have had to turn to online shopping. Such retailers have been running permanent sales for weeks, in the hopes that we stock up on all our Christmas gifts. 

Christmas spending

Around this time last year, it was estimated that the typical household would spend more than £500 on Christmas. The figures from the British Retail Consortium (BRC) predicted that total spends would have added up to approximately £2billion, which was 2.5% higher than the sum spent in 2018. 

The research also suggested that at Christmastime each year, spending on fashion rises by 43% above the monthly norm, while toiletries and beauty product gift packages increases by 56%. Laptops, computers and tablets are also highly sought after at this time of year, with spending increases of 68%.

How to manage your spending and cut back on waste over the festive period

Switching to eco-friendly paper cuts down
on festive waste

Last year, we could shop right up until Christmas Eve if we wanted to. This year, things are certainly different. Due to all the uncertainty that 2020 has brought, it appears that many individuals are getting a head start on their Christmas shopping. In a survey carried out by OnePoll, one third of respondents said that they were planning Christmas earlier this year. Almost half of those getting organised prematurely said that this was because they wanted to spread the cost, while the other half said that they wanted to spend less on gifts.

If the world has taught us anything this year, it’s that we should appreciate everything we have, and not be wasteful. Would you like to cut back on spending and waste for Christmas? If so, there are number of things you can do. 

Over the festive period, it is estimated that there is an extra 30% of rubbish produced and discarded when compared with the rest of the year. This additional waste will be in the region of 3 million tonnes. This December, you can be more sustainable by supporting your local independent shops, choosing seasonal, organic vegetables, making your own gifts and switching to eco-friendly wrapping paper.

Have a magical Christmas, however you’re spending it.