On this episode of the Money Confidence podcast, Sarah and Georgia talk about 5 ways to help save for Christmas.

KEY TAKEAWAYS

Christmas can be a time of worry for a lot of people and studies have shown that 53% of people feel financially stressed when it comes to Christmas.

Georgia's cat, Rex, joins us on this episode.

Now you've decided to start saving for Christmas, let's take the first step and set up a savings account and label it your 'Christmas pot'.

Make a list of of everyone you need to buy for and how much you can afford to spend on each person after your bills and essential expenditure is paid.

Work out how much you can afford to save each month and set up an automatic payment into your Christmas pot straight after payday.

Making little adjustments to your expenditure can really add up over the months. Look at your bank statements and see what you could cut back on.

Try and stick to your budget and track your expenditure.

⭐How do you save or prepare for Christmas? Please let us know using the email address below or message us on social media and we'll read it out on a future episode.👇

BEST MOMENTS

'It will be Christmas before you know it.'

'It's the football World Cup this year.'

'You look absolutely baffled.'

'I find it quite stressful.'

'That gives me severe hives.'

'We only buy for the children now.'

'He's still waiting 10 years later for the IOU.'

'Why not start now.'

'You can't recycle wrapping paper.'

'I love that!'

ABOUT THE HOSTS

Sarah is a Chartered Financial Adviser and Certified Financial Coach and Georgia is a Senior Paraplanner. Together, they have over 20 years experience in financial services and are on a mission to educate others about money in a fun and non-jargon way. They will help you master your finances and money mindset so that you feel more confident with money and the decisions you make around money. They talk all things money from investments, pensions and benefits to your mindset around money and steps you can take to improve your relationship with money. They aim to make it fun, educational and are with you every step of the way. Together, you've got this!

The information given in this podcast is for your entertainment and should not be construed as financial advice. No liability can be accepted for any individuals relying on this information without seeking specific advice and guidance. As always, take independent financial advice before making any investment decisions. Our discussions are based on tax and legislation in England which may change.

⭐CONTACT METHOD⭐

E: [email protected]

W: https://www.thegoodmoneycoach.com

IG: https://www.instagram.com/sarah_talks_money/ 

LI: https://www.linkedin.com/in/sarah-blyth-chartered-financial-planner-and-coach/ 

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