11 Ways Towards A Mindful MeRRRy Christmas

11 Ways Towards A Mindful MeRRRy Christmas

For the most part, Christmas in the UK is a secular affair all about spending time with family and friends – and money on things things we don’t want, apparently. Whilst research predicts that households are looking to spend around 3% less across the board than last year, we are still expecting to pay out just short of £800 per household on celebrating Christmas 2015. Estimated average spend figures break down as follows: – £159 on food and drink (8% less than last year) – £41 on cards and decorations (5% less than last year) – £596 on presents (1% less than last year) And yet, despite the trend for spending less, 12% of people surveyed said their “excessive Christmas spending will give them a financial hangover for 2016“. But hey, it’s Christmas. Surely it’s worth it? So we splurge a little, but we’re grateful, right? Well, according to an archived Daily Mirror piece on debt and Christmas, in 2011, at least 1 in 10 of the gifts we received was not what we really wanted. In monetary terms then, we managed to spend around £594million on unwanted Christmas gifts. Well done us! But it’s not just on presents that we’re literally throwing our money away. A 2014 survey by The Money Advice Service found that the average adult spends £28 on food and drink that will end up in the bin. Add that to the value of the unwanted gifts, and that’s a whopping £2.4 billion we’re spending on filling our bins! Thanks to Hugh Fearnley-Whittingstall’s War on Waste, rather than making us feel like tight bah-humbugs, if we spend less and...