How to buy presents on a student budget

tree

It has finally come to that time of the year again when a lot of us have to start thinking about Christmas. Whether you’re a Santa or a Scrooge at heart, you’ll probably have to start thinking about doing your Christmas shopping, buying some gifts and spreading some festive cheer! However, the cost of this can escalate quickly if you aren’t careful which isn’t too great when you’re a student! Here’s a few tips on buying presents for when you’re a student…

  1. Prioritise

Make sure that you’re only buying presents for people who you need to buy presents for. You probably know who these people are, but for me I’ll only be buying presents for my close family and friends. By limiting the amount of presents you give out, you can both save money and make sure that you buy really good presents for the people that mean the most to you.

PiggyBank

  1. Consider doing a Secret Santa

A really good way to make sure that everybody gets a really nice present on a budget is to do a Secret Santa.

For those of you who don’t know what a Secret Santa is, it’s quite simple! You begin by gathering a group of your friends and put each of your names into a hat. Everybody then selects a name out of the hat and keeps it a secret. The name you select is the one that you have to buy a present for. It’s also a good idea to agree on a budget beforehand so that you all get something for each other which is similar in price.

This worked really well with my flat in South Towers last year, as it meant that everybody got involved and didn’t have to spend too much money!

meal

My Secret Santa got me a t-shirt with Rick Astley’s face on it last year! You literally have no idea what you might get! Who knows what I might receive this year?

rick

  1. Make a budget!

It can be so easy to overspend at this time of the year, however if you don’t want to be in debt by January, it’s important that you plan how much you’re willing to spend and budget accordingly. Whether you do it by limiting the amount you spend on each individual person, or you’re spending on a whole, as long as you keep a track of where your money goes you’ll be fine. It’s okay to overspend slightly if you find the perfect gift for somebody, but try to stick to your budget as much as you can! You’ll thank me later…

  1. Make something

An often much cheaper and more personal alternative to buying a gift is to make one. Whether you knit a hat, make some cookies, or personalise something plain, a present can be so much more special if lots of thought and effort has been put into it!

beer

  1. Don’t leave it to the last minute: start now!

25th December may seem a long way away now, but it’s only a few weeks! Get in there now and get it all sorted before the hustle and bustle of last minute Christmas Eve buying. You’ll also find that you will spend less if you plan ahead, as you won’t panic buy and you’ll be able to shop around for the best deals.

That reminds me; I better get started on my Christmas shopping…

Merry Christmas everybody!

One thought on “How to buy presents on a student budget

  1. What a jolly, Ho,Ho idea. Will try and stick to our budget this Christmas, pensioners don’t have too much money to spend so we are always looking to find some money for extras. Thanks for the tip! Merry Christmas.

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