The Gumtree Blog

Spend or save? See how your Christmas shopping compares to the average Brit

Thursday 18 December 2014, by
tw:
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Money Advice Service

According to the Money Advice Service’s annual Christmas spending survey, the average UK adult will spend £530 on Christmas this year ña £2bn increase on the £24bn we spent as a nation last year.

Presents account for a big chunk of this money, with people expecting to spend £217 on average, and Brits are also eating through their budget with food and drink costs – with £109 reckoned to be spent on festive fare and tipples.

At Gumtree, we loved seeing that 17% of people are happy to sell items to make a bit of cash ñ that makes perfect sense to us, especially as itís free to sell an item on our site.

Take a look at the Money Advice Serviceís excellent infographic showing the full story of the nationís Christmas spending and see how you compare.


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