Presents, parties, festive food; the cost of Christmas can really add up and it’s easy to find yourself starting the new year in debt.
But there are lots of ways to make your money work harder at this time of year, including making your own Christmas presents rather than hitting the high street.
Not only will it save you money but homemade presents mean so much more and upcycling old items reduces the amount of rubbish that ends up in landfill.
Recently our Tenant Participation Unit held a special upcycling workshop to show how easy it is to turn old clothes into imaginative gifts. Tenants learnt how to transform jeans and shirts into trinket boxes and plastic bag holders.
“The workshop was so relaxing and it was great fun learning how to upcycle old junk into useful items that look great. Our carrier bag holders are in the porch and our boxes take pride of place in the living room.” Chris and Steve from Bitterne
If you missed out on the workshop don’t worry we plan to run more upcycling training next year (if sufficient interest) as part of our calendar of free training opportunities just for tenants and leaseholders. If you have some great ideas on how to upcycle please get in touch or share your photos on our Facebook page.
There are lots of other ways you can save money at Christmas time and avoid getting into debt:
- Set yourself a budget and stick to it
- Tell your friends and family about our upcycling ideas and encourage them to swap homemade gifts or agree not to spend more than £5 on each other
- Start saving for next year now. Put your small change into a money box throughout the year and you’ll be surprised how much you will have saved by next Christmas
If you are worried about debt we’ll be publishing a useful money management guide in our next issue to help you regain control of your finances, or check out our money advice pages for more details.