It’s beginning to look a lot like Christmas, but it may not be a season of joy for those who are struggling to make ends meet this year. Christmas can be an expensive ordeal at the best of times - but many families are currently experiencing the worst of times during this cost of living crisis.
Around half of Britons, who are already plagued with money problems, say that their debt will worsen as a result of Christmas. For those who are struggling to afford the festivities, it can take around four months to recover from Christmas overspending - meaning you may not finish paying for the holidays until April.
However, a new podcast has launched in order to turn a bleak midwinter into festive frugal fun. ‘Christmas on a Budget’, a production from the Manchester Evening News and Laudable, is hosted by money-saving obsessive Karyn Fleeting, aka Miss Thrifty.