Just as the Grinch stole Christmas, excess spending can reduce our yuletide happiness. Seasonal credit card splurges can create ballooning long-term debt, while over-consumption inevitably leads to a blow-out in rubbish bin waste.
The Commonwealth Bank of Australia[1] estimates $11 billion is spent on Christmas presents, a figure backed by Roy Morgan[2] research this year. This includes some 20 million unwanted gifts. At the same time, seasonal celebrations boost landfill rubbish by a massive 30%.
Here are six simple tips to maximise your enjoyment and minimise your waste this festive season:
According to finder.com.au, this year 22% are planning to implement a gift-giving limit and 10% plan to make a homemade gift[3]. But what really matters is remembering how blessed we are to be enjoying the festive season in whatever way we can, and being with the people we care about most.
[1] https://www.commbank.com.au/guidance/newsroom/christmas-consumer-budget-and-spending-2018-201812.html
[2] https://www.roymorgan.com/findings/8783-ara-media-release-countdown-to-christmas-202109100615
[3] https://www.finder.com.au/australias-christmas-spending-statistics
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