Children come first this Christmas

10 months ago 11th Dec 15:38

Parents are cutting the cost of Christmas this year by making their own decorations and mince pies.

In light of this, average spending on children’s Christmas presents has only gone down by £3 from last year, despite the country facing economic downturn, a survey revealed.

The majority of children under the age of ten will receive between £50 and £100 worth of presents this Christmas, and 5% of parents will spend over £300 on their children.

Families are choosing to make Christmas puddings and mince pies at home, to ensure that children don’t miss out on presents, meaning that food spending is set to drop by 4% per household.

While 40% of parents plan to make their own Christmas cards, 26% are even making their own festive decorations this year.

Money spent on Christmas trees and decorations will drop from an average of just over £24 per household, to just under £16.

Cognitive Behavioural psychologist, Gladeana McMahon said: “The financial climate is prompting people to think about what’s important, and has provoked a general inclination to return to tradition.