Four tips to avoid the 'festive fear' of over-spending this Christmas

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Four tips to avoid the 'festive fear' of over-spending this Christmas
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87% of the Irish population is feeling the pinch this year as energy, grocery, and fuel bills continue to soar

An Irish study has found that the majority of people are making amendments to their Christmas plans this year as the current levels of inflation continue to have significant repercussions.The report shows the increased cost of living will have an “enormous” impact on the festive season for 18% of respondents, a substantial effect on 25%, and some ramifications on 42%.Just one in ten said they believe their Christmas will be unaffected by the rising costs.

To help alleviate those festive fears around spending during the holidays, Allianz has listed its tips and tricks to save money while still spreading Christmas joy this year: Do your research and plan what exactly you need for over the Christmas period to avoid over buying and overspending. Pick up your non-perishables now to divide up the cost of a large Christmas shop.

Secret Santa is a fun, exciting, and cost-effective way to share the love without blowing the budget and a way for families to come together without financial fears.

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