The festive season is here, and for many of us, it’s a mix of joy, stress, and spending! While shopping for loved ones can be a highlight of the year, it can also take a toll on our finances if we’re not careful.
So, what type of Christmas shopper are you? And more importantly, how can you stay financially organised, no matter your shopping style? Let’s find out!
How Much Do Irish Families Spend at Christmas?
Irish families are feeling the pinch this festive season, with the latest survey revealing that 77% of shoppers expect Christmas shopping to be significantly more expensive this year compared to last. Despite rising costs, more than half (54%) say they plan to spend less this Christmas by cutting back on non-essentials and looking for better deals.
According to the Competition and Consumer Protection Commission (CCPC), Irish consumers spent an average of €1,177 on Christmas in 2024, covering gifts, food, and festive extras, a 14% increase on 2023. Families with children, however, spent considerably more, averaging around €1,590.
The financial pressure of the season remains strong. The CCPC also found that one in five people planned to borrow to fund their Christmas spending, taking out an average of €631 in loans or credit. With prices still on the rise and household budgets under strain, many are rethinking their holiday spending habits for 2025.
Which county in Ireland spends the most on Christmas?
When it comes to Christmas shopping, Carlow takes the crown as the biggest spender in Ireland, with locals planning to spend an average of €780 on gifts this year. Kildare and Meath aren’t far behind, with €692 and €674, respectively.
That’s well above the national average of €525. Nearly half (46%) of Irish consumers would rather send money to family and friends, skipping the hassle of shopping for presents.
Publisher: Source link
