Staggering sum of money the average family spends at Christmas - and ways to cut down

dailystar.co.uk:

Money Advice Service has put forward some superb tips to save a little Christmas cash. Here are its top four tips for keeping finances in check.Step 1 – Set a budgetStep 2 – Work out how much to save each monthStep 3 – Consider starting some new Christmas traditionsStep 4 – Decide where to put your Christmas savings Its website says: "It’s difficult to pay for Christmas out of December’s pay packet alone, so it makes sense to save up as much as you can beforehand. "The earlier you start saving, the less you need to put aside each month.

Even a small amount over a few months can make a big difference."Borrowing money to cover your Christmas spend could come at a price in interest and fees."At best, that could be money used for something far.