Why it’s a good idea to start saving for Christmas right now

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “Weekly savings could feel more manageable than putting bigger amounts aside when you get paid too.” Murray adds: “As an example, if you could put away £20 each week for eight weeks leading up to Christmas, you’ll have £180 in your pocket. “Or, if you were able to save £30 a week, you’d reach £270 in the same time frame, giving you the budget to sort groceries and last-minute gifts.” If putting money aside feels too much of a squeeze, Murray suggests reviewing your usual monthly spending to see if you could make a few cuts now. “It might feel daunting, but it is completely normal, and you might find that your loved ones are grateful to be open about Christmas costs.” There’s also time to consider ways that you could potentially inject a bit more cash into your Christmas budget, perhaps by selling a few unwanted items. She says: “The highest number of listings go live between 9-11am on a Friday, Saturday and Sunday, so if you want the best selection of items, get searching early on the weekend.” She also suggests negotiating on items where there’s plenty of choice, adding: “Most sellers expect a little bartering when selling second-hand, particularly when many similar items are available for sale.