How to Make a Christmas Budget (and Stick to It)

Holiday spending can easily get out of hand. A clear Christmas budget lets you enjoy the season and start the new year without money stress.

Step 1: Decide your total

Look at what you can comfortably afford from savings and your regular income — without borrowing. That's your total budget.

Step 2: Split it into categories

• Gifts
• Food and drink
• Decorations
• Travel
• Going out and events
• Extras (wrapping paper, cards, postage)

Step 3: Make a gift list

Write down everyone you're buying for and set a limit for each person. Add up the total and adjust if it's too high.

Step 4: Track as you go

• Use a simple spreadsheet or budgeting app.
• Keep receipts.
• Check your total every week.

Tips to stay on budget

1. Shop with a list.
2. Use cash or a dedicated card for holiday spending.
3. Plan meals and avoid last-minute food shopping.
4. Start a savings pot in January for next year.