How to save £500 between now and Christmas with just 100 days to go

As of today, September 16, the countdown to Christmas has well and truly begun, with just 100 days to go.

Christmas can be a difficult time for many who may not have spare money to spend on presents.

But if you make a very simple change from today you will be able to save £500.

All you have to do is save £5 each day from 100 days from today up until and including Christmas Eve.

Don’t worry if a fiver is too much right now. If you can manage to save just £1 a day you will have £100 on Christmas Eve.

But let’s face it, not everyone likes a last-minute present-buying dash.

In that case, and if you’re able, you can save £10 each day for 50 days to save £500 by November 4.

And if you only manage this for 50 days, you would still have £250 towards your Christmas shop.

Ultimately, making one simple change today can help you save money – whatever the amount.

Even saving an extra 50p a day will make a difference.

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You can also help the money stretch further by putting it into an account that pays interest.

Make sure your provider is covered by the Financial Services Compensation Scheme (FSCS), and you’ll be able to earn free money.

If you currently have no way of sparing extra cash, there are several things you can do.

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Try scrapping your weekly takeaway – or perhaps one of them.

Say goodbye to your Netflix and Spotify subscription – at least until Christmas is done and dusted.

Or simply try to switch to supermarket own-brand labels instead of big brands.

Do you have any money saving tips? Let us know in the comments below…

  • Money
  • Christmas

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