Christmas Money Saving Tips From Debt Management Specialists

By R R Financial Solutions, PRNE
Wednesday, December 1, 2010

BLACKBURN, England, December 2, 2010 - The festive season is fast-approaching and while kids are getting giddier
by the day, Christmas can often bring a sense of sheer consternation for
adults across the UK.

The pressure of playing Santa Claus often means that parents spend far
more than they can afford to, in order to keep their children happy and

A 2009 survey showed that 77% of parents were willing to incur debt to
fund their festive spending, during what is already an expensive time of
year. Research showed that the average family forks out almost GBP40 a day on
keeping boredom at bay from their children during the Christmas break.

Along with splashing out on toys and gadgets, parents are most likely to
keep children entertained by spending on additional activities such as going
to the cinema or going out for meals.

And so we thought now is the time for a bit of money saving advice, just
in time for Christmas! With six weeks to go, our message to you is… relax!
Although organisation might be your forte, research shows that buying
presents before December could cost you around DOUBLE than getting them
closer to Christmas.

This is down to the fierce price wars in which retailers slash their
prices in order to entice all of the Christmas shoppers. According to the
comparison website mySupermarket, prices for puddings and chocolates are far
higher now than they usually have been in the December of previous years.

Johnny Steel, a spokesman for the website, said: "It's good to be
super-organised ahead of Christmas but often it's worth holding back on
buying your treats until December.

"As early as September we've been teased with mince pies, Christmas
puddings and sweets in supermarkets tempting us to stock up in advance.

"But as the research shows, on average prices will drop in the coming

According to CreditAction statistics, average consumer borrowing via
credit cards, motor and retail finance deals, overdrafts and unsecured
personal loans has risen to GBP4,433 per average UK adult at the end of
September 2010. As great as Christmas is, do you really want to be putting
that burden on yourself?

Incredibly, it is estimated that almost a third (31%) of personal
insolvency ( procedures and debt
management ( programmes that occurred in
March 2010 were triggered by overspending during the festive season.

So our message to you is, as ever, spend within your means! And Merry

About Us

We are a national company providing free debt advice, where you can be
sure of getting honest and confidential advice about your debts.

It is our policy not to charge for any debt advice or IVA ( guidance we offer, we aim to ensure that
the appropriate debt solution is advised.

We advise over 1,000 clients a month on where or how to get assistance. A
fee is only charged if the appropriate solution we recommend for your
circumstances is handled by ourselves. We will inform you what the fee is for
and details of all the work we will carry out on your behalf, this will be
done before we commence any work.

We will also review the solution recommended to make sure that if your
circumstances change that the appropriate advice is offered. We feel it is
essential that you have a free choice for yourself in determining whether we
are or aren't the company you choose to work with in resolving your debt
problems. Any costs incurred are paid over a period of time.

Be fair to yourself and be fair to your creditors and get advice from R&R
Financial Solutions.

Media Contact Information

    Name: R & R Financial Solutions
    Phone: Stephen Roberts - +44(0)800-9887-007
    Address: R&R Financial Solutions Ltd
    Glenfield Park Two
    Blakewater Road
    BB1 5QH


Name: R & R Financial Solutions, Email: help at, Phone: Stephen Roberts - +44(0)800-9887-007, Address: R&R Financial Solutions Ltd, Glenfield Park Two, Blakewater Road, Blackburn, Lancs, BB1 5QH

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