• News
  • Life
  • TV & Film
  • Beauty
  • Style
  • Home
  • News
    • Celebrity
    • Entertainment
    • Politics
    • Royal Family
  • Life
    • Animals
    • Food & Drink
    • Women's Health
    • Mental Health
    • Sex & Relationships
    • Travel
    • Real Life
  • TV & Film
    • True Crime
    • Documentaries
    • Netflix
    • BBC
    • ITV
    • Tyla Recommends
  • Beauty
    • Hair
    • Make-up
    • Skincare
  • Style
    • Home
    • Fashion
    • Shopping
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • UNILAD
  • SPORTbible
  • GAMINGbible
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
TikTok
Submit Your Content
Mum has paid for all of her Christmas presents with simple 'penny a day' saving hack

Home> Life

Updated 10:06 23 Nov 2022 GMTPublished 09:59 23 Nov 2022 GMT

Mum has paid for all of her Christmas presents with simple 'penny a day' saving hack

One mum's completely genius money-saving hack has helped her sort Christmas presents for her whole family.

Shola Lee

Shola Lee

One mum's completely genius money-saving hack has helped her sort Christmas presents for her whole family.

Saving money for the holidays can be tricky, there are so many parties, dinners, and Secret Santas that by the time you reach the 25th your pay-check is pretty much gone.

Knowing this, mum Kate Richards has started saving early and shared her genius hack ⁠— after managing to save over £650 for this Christmas.

Kate's money saving hack helped her save for the holidays.
SWNS

Advert

So, what exactly does Kate do to save money?

Well, she starts by saving 1p on 1 January, then 2p on 2 January, and so on until she saves £3.65 on 31 December.

This adds up to a total of £667.95, which is more than enough to buy presents for her entire family.

And, come this New Year's Day, we'll be joining her, because that's honestly one of the best money-saving hacks we've ever heard.

Advert

There's even a helpful app, IFTTT, to help keep track of things, as the mum-of-one explains: "There’s an app and it automatically moves money into your account for you.

It helps the family out during the festive season.
SWNS

“By the end of the year, you’ve got £667.95 and you don’t notice it coming out every day.

“I’ve done it since 2019 and used it every year for Christmas shopping."

Advert

If you find it hard to find the motivation to save towards the end of the year, you can do the challenge in reverse, starting with £3.65 and working your way down.

“I already have all my presents wrapped and everything, it’s all done," the teacher from Huddersfield, West Yorkshire added.

And that's not Kate's only trick for the holidays, as she also follows a popular tip from money-saving expert Martin Lewis.

The tip? Do Secret Santa with your relatives, rather than buying each person a gift.

Advert

Would you try this hack?
Andreas von Einsiedel / Alamy Stock Photo

And this one really does cut your costs down, becayse the cap was originally £20 per person and Kate would be buying for seven people, it quickly added up to £140.

Now, they just spent £50 on one person, cutting down her expenses by nearly a third.

The teacher added: "It's more fun as you have to think about one person and what they would really like – with one person you can think a bit more.

Advert

“I use a website called thingstogetme.com - you put your Christmas list in and send it to everyone, and they can reserve an item which ticks it off so there are no duplicates.

“You find the item on Amazon, stick the link in and any extra info like colour or size, and people can just tick it off, buy it, and it’s sorted."

Well, looks like we have our plan sorted for next Christmas.

Featured Image Credit: SWNS

Topics: Money, Christmas, News, Life, Parenting

Shola Lee
Shola Lee

Shola is a Staff Writer for the LADbible Group and a contributing writer for Warner Brothers' Wizarding World Digital and the BAFTA Crew.

X

@SholaLee2

Advert

Advert

Advert

Choose your content:

2 hours ago
7 hours ago
9 hours ago
3 days ago
  • 2 hours ago

    New ‘bathroom camping’ trend is the latest ‘rawdogging’ craze to take over Gen Z

    You might have been doing this trend for years without even realising it...

    Life
  • 7 hours ago

    Bride and groom divide opinion with ‘Irish goodbye pass’ at wedding

    The pair have also provided an update after reading Redditors' 'direct' responses

    Life
  • 9 hours ago

    Psychotherapist shares two simple ways you can spot a ‘dry drunk’

    You may know someone who's a dry drunk, even if you haven't heard of the term before

    Life
  • 3 days ago

    Psychologist reveals concerning reason why Labubus are so addictive as ‘dangerous’ new trend sparks warning

    Research psychologist, Dr Emma Palmer-Cooper, has explained why people are so obsessed with collectibles

    Life
  • Mum says she showers with her teenage daughter every day
  • Mum forced to tell kids Christmas is cancelled after cancer diagnosis left her with just £30 a week
  • Mum's genius £3 hack stops condensation and damp forming in your home
  • Mum demands £450 refund as 'dreadful' bus makes daughter late for school almost every day