Brits spend nearly £800 each during Christmas festivities
BRITONS face a Christmas mega bill... as they spend an average £767 each on festivities this year.
But as finances are tight, many families will be capping costs to make sure everyone gets a present, researchers found.
We are also making the most of voucher codes and online discounts like never before.
Two thirds of us hope to keep their spending on a par with previous years, while nearly one in five will cut back by an average of £178, a study shows.
And 66% of us are smart shoppers, spreading their gift-buying across the year to ease the financial burden, American Express research found.
A cap on spending on friends and family is in this year, with 28% saying they will limit themselves.
Gifts for family accounts for the biggest share of the Christmas budget with consumers spending an average £424 each.
BRITONS face a Christmas mega bill... as they spend an average £767 each on festivities this year.
But as finances are tight, many families will be capping costs to make sure everyone gets a present, researchers found.
We are also making the most of voucher codes and online discounts like never before.
Two thirds of us hope to keep their spending on a par with previous years, while nearly one in five will cut back by an average of £178, a study shows.
And 66% of us are smart shoppers, spreading their gift-buying across the year to ease the financial burden, American Express research found.
A cap on spending on friends and family is in this year, with 28% saying they will limit themselves.
Gifts for family accounts for the biggest share of the Christmas budget with consumers spending an average £424 each.
Brits spend nearly £800 each during Christmas festivities
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