BRITS WORRY ABOUT DEBTS POST CHRISTMAS

Most of the brits are worried about being in deep debts post the Christmas season. The December month of the year sees a brilliant rise in sales of retail products. Although the month is still in its first week, people are already looking at borrowing money to buy Christmas gifts for near and dear ones.

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This is indeed a must tradition on their part which they never fail to continue with. None the less a good thirty percent of the people will borrow money for the Christmas season. On an average a person is expected to take a loan of up to a hefty £370. This is indeed what a recent survey suggests according to the leading shopping website VoucherCodes.co.uk.

But then the numbers don’t exactly feel like an exaggeration either.
An average person is bound to spend about £490 for Christmas this year. More than half of that sum would go into shopping and buying gifts for dear ones.

Most of them are in search of a means to get that extra sum to spend for Christmas. Many even sell their belongings on eBay. Others work overtime or even get a part time temporary job. While a good number of them also look at cutting down on their routine spending. This may include new clothes, diner in a restaurant, going to a disco among other things. The Christmas fever comes pretty expensive with spending going beyond control right throughout the month.

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