Oct 29, 2015
It's that time of year again everyone! Christmas is fast approaching, whether you're enjoying spending time with family and friends, doing your Christmas shopping or prepping for the New Year at Simple Finance UK our loan calculator is still providing affordable loans all year round. Christmas can be a time of happiness and thanksgiving, but also a time where finance is struggling for you, with just a few weeks left, let's go over some things you can do to save money this Christmas so that you don't need to use a loan calculator.
It can be difficult to pay for Christmas alone, that's why it's always a great idea to start saving early. The earlier, the better! Even a small amount over a few months can make a big difference to whether you need to use our loan calculator or not, if you haven't started saving, now would be a good time. However, you're faced with 2 options. Either save, or borrow. Which one is right for you? Borrowing money may seem like a good plan, but can come at a price in interest and fees. This money could be used for something more worthwhile. At Simple Finance we offer a low interest rate meaning that our loans available through our loan calculator are affordable and easy to work with. But what if you don't want to borrow money?
It would be a good idea to set a realistic budget for yourself. The average spend for a household is around £500, this includes: food, presents, decorations and travel amongst all other expenses. If you are hosting dinner you may wish to consider how many people are coming along, how much you can spend on food and drink, from there you'll have a rough understanding of how much you should put away per month to save up! But don't worry if you're a little too short in cash, our loan calculator can provide you with different loans such as short-term loans, payday loans and even homeowner loans. This is why people love our easy to use loan calculator! You should also consider setting up a Christmas money planner to create your own budget and actually see how much you can save in time for Christmas.
You should treat saving money in the same way as you would with a bill. However, try to be realistic. If you're still struggling to find a way to save then maybe you should consider taking a loan out with simple finance and use the loan calculator on the homepage!
If none of these options are available, and you still need some options to save money, you could also try starting some new Christmas traditions this year. For example, start picking early Christmas essentials such as decorations, crackers in the sales, this can mean big savings and really help you out this year for Christmas! There are loads of things you can do for Christmas to save, even if things seem far away, start saving in little bits and you'll eventually get there. However, if you are certain that you are going to need a short-term loan for Christmas this year please do consider using the loan calculator? Thanks for reading this short blog. You can find many more on the blog section of our website.