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    How much should I spend on Christmas gifts?
    • #1
    • 16th Aug 13, 1:16 PM
    How much should I spend on Christmas gifts? 16th Aug 13 at 1:16 PM
    I didn't know whether or not to post this on the Christmas thread, so someone please feel free to merge if that's appropriate.

    We are currently starting to think about xmas and I have no idea how much we should be spending on gifts. This is the first year where I feel like I know our finances and we should have a reliable income (though it's not a huge income by any means). We don't have kids, but I have literally no idea how much to budget for family members and how much to spend on dh.

    How much do most (money saving) people spend? How did you work out the amount to spend?
    October Grocery Challenge: £20.65/£150
    September Grocery Challenge: I lost track /£200
    August Grocery Challenge: £92.11/£100
Page 1
    • Own My Own
    • By Own My Own 16th Aug 13, 1:19 PM
    • 5,530 Posts
    • 45,988 Thanks
    Own My Own
    • #2
    • 16th Aug 13, 1:19 PM
    • #2
    • 16th Aug 13, 1:19 PM
    You need to work out what you can really afford to spend first.
    Everyone spends differently because everyone has different budgets.
    OMO I think we are going to have to rename you Miss Linky you are amazingly organised. Thank you
    Originally posted by Nanamia
    • -taff
    • By -taff 16th Aug 13, 1:29 PM
    • 5,959 Posts
    • 3,166 Thanks
    • #3
    • 16th Aug 13, 1:29 PM
    • #3
    • 16th Aug 13, 1:29 PM
    How much did you spend last year?
    What kind of things do they like?
    Can you make anything instead of buying it?
    Do you have friends who can make things instead of you?
    • chocolatebum
    • By chocolatebum 16th Aug 13, 1:32 PM
    • 188 Posts
    • 1,371 Thanks
    • #4
    • 16th Aug 13, 1:32 PM
    • #4
    • 16th Aug 13, 1:32 PM
    i have a maximum budget for nieces and nephews of £20 each, however i do try to find things in the sales or on offer and if i can find things cheaper i will buy it and save some cash, i never go over the £20. siblings we had the same budget but we now do a £5 funny gift for each other and usually try to outdo each other and find the most outrageous thing. hubby gets a game for one of his consoles (hopefully in a sale but not always) and then i just look for things in the sale for him like slippers/smellies that he will need through the year anyway.
    DFD NOV 2018 OCT 2018 1,175.60/18,323.63

    ONE DEBT VS 100 DAYS PART 20 £34.18/£531
    GROCERY CHALLENGE -- AUG - £622.88/£750.00 , SEPT - £126.08/£650
    DEBT FREE BY XMAS 2015 #184 £271/£2450
  • ditsykitchen
    • #5
    • 16th Aug 13, 1:45 PM
    • #5
    • 16th Aug 13, 1:45 PM
    I should mention, the main gifts we buy are for our sisters, who are all younger than us (16, 18 and 20). We also buy for our parents, but that's about it. We don't have any nieces and nephews yet.
    October Grocery Challenge: £20.65/£150
    September Grocery Challenge: I lost track /£200
    August Grocery Challenge: £92.11/£100
    • joedenise
    • By joedenise 16th Aug 13, 2:02 PM
    • 3,919 Posts
    • 25,856 Thanks
    • #6
    • 16th Aug 13, 2:02 PM
    • #6
    • 16th Aug 13, 2:02 PM
    In our family we usually buy something between our grown up children and their partners (£20 approx) plus a "personal" gift for each of them (£10-15).

    Siblings we spend about £20 each.

    For our grandchildren we spend approximately £25-30 each.

    I think it all depends on your individual circumstances. In a few years time when my DH retires (I am already retired) I'm sure our gifts will reduce a bit as we will have far less money available.

    May-Dec 14: £1153.96/£1750
    Jan - Mar 15: £668.04/£750; NSDs: 20; 18; 19
    Apr - July 15: £644.66/£750; NSDs: 19;19;21 (June missed)
    Aug 15: £172.39/£250; NSDs 17/20. Sept 15 - hols
    October 15: £175/£250; NSDs 16/20
    Nov 15: £114.47/£250; 13/20
    • ciderboy2009
    • By ciderboy2009 16th Aug 13, 4:03 PM
    • 176 Posts
    • 146 Thanks
    • #7
    • 16th Aug 13, 4:03 PM
    • #7
    • 16th Aug 13, 4:03 PM
    My family have come to an agreement not to spend more than £10 on each other - basically because we all used to find it a nightmare trying to think of things we wanted to use as suggestions.

    We actually find it makes for gifts which are a bit more fun and silly (in a nice way).
  • teacherandmum
    • #8
    • 16th Aug 13, 10:05 PM
    • #8
    • 16th Aug 13, 10:05 PM
    spend what you can afford. simple as that.
    We are in the fortunate position that we can save £40 a month thru the year and store it in a separate account.
    We spend
    £50 on each other
    £50 on dd1 (6yo) this is presents from us and a stocking from FC
    £50 on dd2 (3yo) ditto the above!
    £20 each on my mum, my dad, my brother, my sister, my brother in law, my nephew,
    £10 each on our two goddaughters

    you can get really good gifts for these amounts imo

    (if youre wondering where the rest of the saved money goes, it goes towards food, alcohol, day trip over the festive period, panto tickets etc
    • *Twinkle*
    • By *Twinkle* 17th Aug 13, 10:30 AM
    • 351 Posts
    • 1,275 Thanks
    • #9
    • 17th Aug 13, 10:30 AM
    • #9
    • 17th Aug 13, 10:30 AM
    i have a partner, 4 children, 2 neices and 1 sibling,
    Partner £200
    Child 1 £250
    Child 2 £250
    Child 3 £100
    Child 4 £100
    Niece 1 £30
    Niece 2 £30
    Sibling £20
    we put away £50 a week all year and that includes food drink tree decorations cards paper ect and also one of my childrens birthday is right after Christmas so we budget for that too
    Skint, but happy (ish)
    • Al1x
    • By Al1x 17th Aug 13, 10:51 AM
    • 1,543 Posts
    • 1,977 Thanks
    We usually spend around £20 on family presents.

    I'm a bit scared to add up what we spent on DD and DS last year.. may have been around £100 each!!

    Me and DH both chip in for a joint present that we both want.. this year we would like a PS4, usually its not so extreme!
    NeoBux since Aug 2014 - RR1076
    Earn £2015 in 2015 challenge - £1842.16

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