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If you’re worried about forking out for presents, you could try doing Secret Santa with your friends or family.
That way everyone gets a present and you save on cash.
If you can hold your nerve and wait until Christmas Eve to bag a gift, you might be able to grab a bargain too on so-called “Super Saturday”.
Supermarket food shopping costs can rack up too – but you can save by going for own brand products, known as “downshifting”, or buying wonky veg through a number of schemes.
Lidl, for example, runs its Waste Not scheme and you can get five kilos of misshapen fruit and veg for just £1.50.
You could cash in your supermarket loyalty card points and put them towards your Christmas lunch as well.