Torfaen Homes News

Make your money stretch further this Christmas!

Avoid the financial hangover this January after the indulgence and enjoyment of Christmas!
Check out the following top tips for saving money and avoiding debt problems this Christmas:

1. Be realistic about what you can afford to spend. Create a budget and STICK TO IT.

2. Do you knit? Are you a great cook? Love taking photos? Then think about making your own gifts using the skills you have. People will appreciate the personal touch.

3. If you’re buying presents online, be aware of delivery charges. Buying lots of presents from different sites might not be the best idea.

4. Check voucher code sites to see if you can save money on internet purchases. Money Saving Expert has the latest news on deals and vouchers available this christmas.

5. Christmas TV is usually an anti-climax so make sure you’ve got plenty of entertainment and activities you can enjoy at home. Staying in is the new going out.

6. If you’re expecting lots of visitors, head to a cash and carry to stock up on cheap drinks and snacks.

7. Ensure you’re on the cheapest electricity and gas tariffs and only use the heating when necessary. Invest in draught excluders and warm jumpers! Visit the Energy Efficiency section to find out how you can save on your bills this winter. 

8. Make sure you’re taking advantage of any state benefits or tax credits you’re entitled to. Visit Managing Money for more information. 

9. Don’t waste anything. We all love turkey sandwiches but there’s plenty more you can do with your leftovers. Be imaginative.

10. Don’t rely on credit. If you can’t afford it now, can you really afford it later? If you are in debt visit Debt Advice to see if you could manage your income better. 

11. Take care with borrowing this Christmas. Payday loans, available online and on the high street, can be a useful way of getting your hands on funds quickly. But it is very important to check out the terms and conditions. Visit the Grants and Loans page for more information on Payday loans. 

Torfaen Home wishes you Merry Christmas and a Happy New Year!!