Christmas is a lovely time of year, but it’s also known as a bit of a chore for parents. The relatives are coming to stay, you’re hosting Christmas dinner and you’re desperately hoping your children will be happy with the gifts you’ve chosen. With the pressure firmly on, we set out to discover just how much parents are spending on their children at Christmas.
This research revealed that half of the parents go over-budget when buying presents for their children, and not just marginally – as much as £800 in some cases, and a hefty £143 on average. Considering the average amount spent on each child is £204, it means we’re over-spending significantly.
Even though Britain has become shop savvy to save precious pennies in recent years, parents can’t stop spoiling their children at Christmas.
Embed This Image On Your Site (copy code below):