Description:
In this episode, hosts Sian Edmunds, Marilyn Booth, and Rebecca Carter-Lindsay discuss how to manage your finances during the festive season. Christmas is a time of joy and celebration, but it can also bring financial challenges. The team shares practical advice on budgeting, saving, and making smart financial choices to help you enjoy a stress-free holiday.
Special guest Paul Bird joins the conversation to talk about Clevr Money and how it provides affordable and fair financial solutions, including loans and savings accounts, to support people throughout the year.
Key Topics Covered:
- Budgeting for Christmas:
- Set a budget for gifts, food, and other expenses.
- Create a list of people to buy for and set spending limits.
- Shop early to take advantage of deals and avoid overspending.
- Saving Money During the Festive Season:
- Consider making homemade gifts to save money and add a personal touch.
- Plan meals ahead, stick to a shopping list, and avoid waste.
- Suggest a Secret Santa with friends or family to reduce gift-buying costs.
- Share costs for hosting Christmas dinners by asking guests to contribute dishes.
- Avoiding Debt Over Christmas:
- Avoid high-interest loans or payday lenders.
- Borrow responsibly with a clear plan for repayment if necessary.
- Start planning ahead for next Christmas to spread costs over the year.
- Interview with Paul Bird:
- Learn about Clevr Money, a credit union that offers fair and affordable savings and borrowing options.
- Discover how Clevr Money supports people during the Christmas season with low-interest loans and Christmas savings accounts.
- Paul’s advice for those feeling overwhelmed by their finances, including small steps like budgeting and seeking help.
- Tools and resources offered by Clevr Money to support financial management.
- Final Thoughts:
- Practical steps to enjoy the festive season without financial stress.
- Encouragement to seek help if needed and to prioritise planning and budgeting.
Guest Information:
Paul Bird discusses Clevr Money and its mission to help people save and borrow responsibly. For more information, visit clevr.money.
Takeaway Message:
Managing your finances at Christmas is about thoughtful planning, budgeting, and seeking support when needed. With practical steps and tools, you can enjoy a stress-free festive season without breaking the bank.
