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Catherine Furze

Five ways to get saving for Christmas - if you start now you could have £5k to spend

If you started the year with good intentions to save for this Christmas but have fallen by the wayside, we've some fun suggestions to help keep your interest going and get back on track.

Recent findings from the Bank of England reveal that 34% of UK adults have no savings or less than £1,000 in their account as families are hard hit by the cost of living crisis. But if you want stop living from payday to payday, regularly putting money away is the only way to gain financial stability.

A lot of more popular savings challenges start in January for the whole year, although you can of course start any time you want and either stop in time for Christmas spending or continue for the full 12 months. But if you fancy getting more creative and want to get a decent amount for Christmas starting now, why not try one of the challenges below, devised by Pete Ridley at Car Finance Saver.

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