This week is the best time for bargain hunters to start their Christmas shopping, according to the experts at money.co.uk.
More than 6 in 10 UK residents don’t start shopping for Christmas presents till November. And a quarter of the nation doesn’t even think about Christmas presents till December every year!
But that means they’re missing out on the best deals available throughout the rest of the year. Deals that could mean hundreds of pounds of potential savings for savvy shoppers.
And although it may be a little early to be picking out gifts, retail therapy may how we are taking our minds off current events.
Research by money.co.uk has revealed that Brits are set to splash out £965 each on Christmas shopping this year, much more than in 2019.
And a significant number of survey respondents admitted that lockdown was the reason for their planned spending increase.
Biggest bang for your buck
“Sixty-four per cent of those we polled said they intended to spend more or at least as much on Christmas presents in 2020, as they did in 2019,” Salman Haqqi, personal finance expert at money.co.uk, said.
“Three in 10 of those said they will spend more because lockdown has been so tough on everyone. They want to treat the family. A further 23% say they’ve managed to save money during lockdown, so they intend to splurge a little.
“So, to help shoppers spread the cost of Christmas we have created the ultimate Christmas Best Savings Guide.
“It shows shoppers when and where to spend their money to get the biggest bang for their buck on Christmas presents.”
Looking for some Christmas shopping ideas? Click here to take a look at all the great options on offer at the DC Thomson Shop.
Our new “Feel-good Special 2020” is bound to go down well this festive season. Click here for more information, or to pre-order your copy today.