Living well with the cost of Christmas
What’s the true cost of Christmas?
For millions of people, Christmas is a special time of year, but what does the season of giving truly cost us?
Recent figures from Park Christmas Savings indicate that 62% of people hugely overestimate the average cost of Christmas. It’s probably a statistic that resonates with most people unless they’re planning well in advance. And that’s where we can help!
Park Christmas Savings is free to join and when you become an Early Bird planner, your best festive celebrations can be delivered to your family and loved ones without financial stress and worry.
We’ve all left Christmas to the last-minute in the past. But statistically, those who try to pay for Christmas out of November and December’s money are often left managing the cost of Christmas into the next year.
By joining Park and paying what you can on a regular basis, you’ll put aside enough money each month to cover gifts and essentials. All the money you pay into your Park account comes back in top name gift cards and vouchers come November – in plenty of time for Christmas. Easy!
It doesn’t matter if you choose £100 as your final goal or if you decide to save £300, £400 or more. Simply work out what you can afford to put away and remember, everything helps!
Your money will be held securely in Trust, so it’s protected for you whatever happens.
What if something happens?
Don’t worry, with Park you have the flexibility to change your goals and your savings amounts for most of the year free of charge. So if the unexpected happens and you have less available to save, you can change your account with no fees. We might be facing a rocky road, but we firmly believe that together, we can all get through it.
Living well with the cost of Christmas
What’s the true cost of Christmas?
For millions of people, Christmas is a special time of year, but what does the season of giving truly cost us?
Recent figures from Park Christmas Savings indicate that 62% of people hugely overestimate the average cost of Christmas. It’s probably a statistic that resonates with most people unless they’re planning well in advance. And that’s where we can help!
Park Christmas Savings is free to join and when you become an Early Bird planner, your best festive celebrations can be delivered to your family and loved ones without financial stress and worry.
We’ve all left Christmas to the last-minute in the past. But statistically, those who try to pay for Christmas out of November and December’s money are often left managing the cost of Christmas into the next year.
By joining Park and paying what you can on a regular basis, you’ll put aside enough money each month to cover gifts and essentials. All the money you pay into your Park account comes back in top name gift cards and vouchers come November – in plenty of time for Christmas. Easy!
It doesn’t matter if you choose £100 as your final goal or if you decide to save £300, £400 or more. Simply work out what you can afford to put away and remember, everything helps!
Your money will be held securely in Trust, so it’s protected for you whatever happens.
What if something happens?
Don’t worry, with Park you have the flexibility to change your goals and your savings amounts for most of the year free of charge. So if the unexpected happens and you have less available to save, you can change your account with no fees. We might be facing a rocky road, but we firmly believe that together, we can all get through it.
Cost of Christmas by week
According to our data, the average cost of Christmas in the UK is £908.
Spread out over 10 months that’s about £90 per month or £22 a week. But that’s the average.
You may not want to cover your entire Christmas spending with Park and that’s fine. You decide. If you just want to place an order to cover your gifting budget – no problem! Want to make sure you have enough to lay on a big dinner for everyone – your Park account can be your Christmas dinner fund. What you use your order for is entirely up to you, and you have the flexibility to change it – for free – throughout the year.
Whatever your dream Christmas budget, planning for the big day needn’t be stressful.
The longer you leave it to start saving the more it will cost however.
Simply fill in your festive wish-list and it will tell you how much you need to put away for Christmas 2023.
From family members to furry friends, by budgeting efficiently you’ll be laughing all the way to the shops come November.
By saving towards a Purple Card or Love2shop Gift Card, you can shop with all sorts of incredible brands.
There’s always lots to think about – from planned family gatherings to last-minute events with friends or workmates. With Park Christmas Savings, you can be ready for anything.
Whether you want Christmas PJs from Primark, the latest toys and games from Argos, a party outfit from New Look or your festive decorations need a well-deserved update courtesy of B&M – you can use your Park Christmas Savings to get all that and more!
You can also order gift cards to buy all your Christmas food and drink essentials from your favourite supermarkets including Asda, Tesco, Iceland and Sainsbury’s – giving you plenty of time to grab the best festive deals.
Our Love2shop Gift Card has an extra surprise too. You can exchange it online at Love2shop.co.uk for more spending choices including Morrison’s, Xbox, Boohoo, ASOS, H&M and loads more!
Pay monthly or weekly and the way that suits you – whether that’s Direct Debit, cash, PayPoint, mobile banking or telephone payments.
However you choose to pay, your payments remain safe and flexible. It’s all about giving you hassle-free flexibility.
By saving towards a Purple Card or Love2shop Gift Card, you can shop with all sorts of incredible brands.
There’s always lots to think about – from planned family gatherings to last-minute events with friends or workmates. With Park Christmas Savings, you can be ready for anything.
Whether you want Christmas PJs from Primark, the latest toys and games from Argos, a party outfit from New Look or your festive decorations need a well-deserved update courtesy of B&M – you can use your Park Christmas Savings to get all that and more!
You can also order gift cards to buy all your Christmas food and drink essentials from your favourite supermarkets including Asda, Tesco, Iceland and Sainsbury’s – giving you plenty of time to grab the best festive deals.
Our Love2shop Gift Card has an extra surprise too. You can exchange it online at Love2shop.co.uk for more spending choices including Morrison’s, Xbox, Boohoo, ASOS, H&M and loads more!
Pay monthly or weekly and the way that suits you – whether that’s Direct Debit, cash, PayPoint, mobile banking or telephone payments.
However you choose to pay, your payments remain safe and flexible. It’s all about giving you hassle-free flexibility.
What could you do with £100 in your Park account?
This might be a good way for you to ensure the main Christmas dinner is sorted – covering the cost of the turkey, trimmings, Christmas pud. Or maybe it would help you get those all-important stocking-fillers cards, wrapping paper, selection boxes or even a party outfit and festive jumper?
What could you do with £100 in your Park account?
This might be a good way for you to ensure the main Christmas dinner is sorted – covering the cost of the turkey, trimmings, Christmas pud. Or maybe it would help you get those all-important stocking-fillers cards, wrapping paper, selection boxes or even a party outfit and festive jumper?
How far would £200 go?
You’ve been savvy enough to save for food, drink and prezzies in your plan but have you budgeted for nights out, family experiences or those emergency bits you need (like extra drinks for unexpected visitors). It’s wise to take think about planning for extras. You can shop to your heart’s content and tick everyone off your list, then treat the family to a trip to see Santa and a gorgeous meal after. It’ll be a jolly good Christmas, so paint the town red like the bearded man himself!
How far would £200 go?
You’ve been savvy enough to save for food, drink and prezzies in your plan but have you budgeted for nights out, family experiences or those emergency bits you need (like extra drinks for unexpected visitors). It’s wise to take think about planning for extras. You can shop to your heart’s content and tick everyone off your list, then treat the family to a trip to see Santa and a gorgeous meal after. It’ll be a jolly good Christmas, so paint the town red like the bearded man himself!
If you’ve got a large family, or you’re Christmas’ biggest fan, you may budget to put aside a bit more. You could make your home party-central with the finest dinner-party food or indulge in top brand-name clothes and gifts for everyone. Perhaps you could even put it towards making on person feel really special – maybe if you were planning a big romantic gesture or announcement?
If you’ve got a large family, or you’re Christmas’ biggest fan, you may budget to put aside a bit more. You could make your home party-central with the finest dinner-party food or indulge in top brand-name clothes and gifts for everyone. Perhaps you could even put it towards making on person feel really special – maybe if you were planning a big romantic gesture or announcement?
Ready to start preparing for your best Christmas yet?
Join Park today.
Park Christmas Savings is a trading name of Park Retail Limited © 2022/2023 Park Retail Ltd. All Rights Reserved. Park Retail Ltd is registered in England and Wales under number 00402152. Our registered office is Valley Road, Birkenhead CH41 7ED. Head office is Love2shop, Floor 4, 20 Chapel Street, Liverpool, Merseyside, L3 9AG
You should be aware that your account with Park is not a bank account or equivalent and that any pre-payments made to Park are not covered by the Financial Services Compensation Scheme.
Your pre-payments are, however, held in an independent trust designed to improve protection of pre-payments made by you and Agents in respect of orders. See full details of the trust here.
flexecash is the prepaid card platform that issues flexecash Love2shop Cards. This facility is provided by Park Card Services Limited [FRN: 900016] who are authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money.
Mastercard® and the Mastercard Brand Mark are registered trademarks of Mastercard International Incorporated.
*The weekly price shown is a guide only. The final week's payment may be different because of a rounding of the product price. The weekly price will be different depending on when you place your order. The price you need to pay is the total of the goods you have ordered.
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