Steps to take now to help reduce Christmas costs

When should people start thinking about Christmas spending and their household finances? The simple answer is that it is never too early. Planning and saving ahead can make the expense far easier to handle.

The pressure can be especially severe for some families. Charity Barnardo's has warned that some parents may go without meals so their children can still enjoy a Christmas dinner with all the extras.

To help households avoid ending the festive season with money worries, debt advice charity StepChange is sharing practical guidance for anyone looking to stay on top of spending.

Things to consider now

According to StepChange, the best way to avoid a difficult January is to set out a realistic budget before the spending starts.

Even small choices made now can have a major impact later. Its advice includes:

"Christmas is a time when we want to enjoy ourselves and make things special for the people we care most about," said Vikki Brownridge, chief executive of StepChange.

"But it can also put a lot of pressure on household budgets, and it is key to take steps to get ahead of any January financial blues."

Where to look for support

If you are worried that festive spending could leave you in debt, it is wise to get advice before the situation becomes hard to manage.

The independent MoneyHelper website has information on finding free debt advice in your area.

It also offers tools to check whether you are receiving all the benefits and grants you may be entitled to, along with guidance on drawing up a budget.

It is also important to stay alert to scams during the holiday period. Fraudsters often exploit moments of financial pressure and will use any opportunity to catch people out.