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Top Tips For Easter Finance

Posted on 26th March 2015

Easter represents a period of celebration amongst most people in the UK thanks in addition to the Bank Holiday. In the midst of the celebrations, spending on food, drinks, fashion and gifts increases. With the stagnant economy and high costs of living, it is important you are vigilant on what and how much you spend this Easter. Last year, an estimated £2.1 billion was spent on food and drinks during Easter, while spending on non-food market (household and clothing) stood at £1.5 billion. This is a lot of money that could otherwise have been saved and be spent on other things.

You may have considered limiting your expenses this Easter but you are afraid it might mean little or no celebrations at all. This article will give you different tips on how you can curb your spending without really hampering your celebrations.

Buy inexpensive decorations

Decorations are an important tool in marking any holiday. We have the habit of buying expensive decorations and put them in the house. If you have kids, this is the time you use to bond with them as you decorate your home. The Easter holiday is no exception. You will spend a lot of money to buy décor such as paper plates, plastic eggs and baskets. However, if you want to limit your spending this Easter, it is important to start with buying inexpensive decorations. Your children will probably not notice whether you spend £30 or £5 in decorations.

Save on treats

Easter baskets are one of the traditions of this holiday. They are used to symbolise celebrations. A normal Easter basket would have chocolate bunnies and cream-filled eggs, amongst other things.  Saving money on this category would require creativity. If you are packing the basket for your kids, you can include healthier foods such as chocolate covered raisins and fresh fruits. With this, you will be killing two birds with one stone. First you get to save on your Easter spending, but more importantly, you are giving your kids healthier foods. Toys are also common during Easter. If you have to buy a toy for your kids, buy low-priced toys that are usually on sale.

 DIY Easter eggs

Obviously, you cannot have Easter without the traditional Easter eggs. However, you do not have to incur costs by buying egg dying kits. Instead, you can make one yourself. Do not worry if you do not know how to make one, we will show you in the article.

First you will need to have white vinegar, hot water and food colouring. Mix one teaspoon of white vinegar with one cup of hot water. Thereafter, add drops of food colouring until you get your hue. You can also make the egg dipper yourself by bending the end of a long piece of wire with a small pair of pliers in an octagonal shape that fits around an egg. Then, bend the remaining length of wire in a 90-degree angle to the octagon to make a handle. You can go online and find out more about DIY techniques on Easter eggs.

Have a Peachy Easter

Go to a public Easter egg hunt

You can host your own Easter egg hunt and invite your family and friends to participate. If you are looking to be cautious on your Easter finance this year, it is best if you do not host the egg hunt but rather attend a public one. In your neighborhood or community, there will be an egg hunt organised by your local community organisation. By attending this, you save quite a lot of money and time (to prepare the event and clean up afterwards) that you might have spent if you had organised your own.

Saving money on meals

This is an important meal because it’s served at a time when everyone is at home from work or school. During Easter, your house could have more people as family or children in school are around.  One of the ways to save on dinner is by keeping the menu basic, but appealing nonetheless. You can buy fresh foods from the local market as they are relatively cheaper, instead of buying food that is pre-packaged. Another way you can save how much you spend on dinner is buying super-market own branded foods rather than the big brand names. Generic food is cheaper and is just as good.

Do not throw away holiday supplies

In a year, there are a number of holidays, and because we are a gift buying nation, we buy presents almost every holiday. Most of these gifts tend to be misplaced, damaged or thrown away after the holiday is over. If you are focused on saving money this Easter, you need to start storing gifts that are not damaged for next year. Things like plastic eggs usually hold up fine. You can also ensure that everyone in your house in on board with this by insisting on not discarding decorations and gifts that can still be used next year. By storing such items, you save a lot of money by spending less on some gifts and decorations each Easter 

Buy now for next year

Many stores have price discounts as you approach Easter holiday. As customers flock in to buy items, store owners might get tempted to introduce more discounts and deals because they would prefer selling all the Easter items before the holiday is over.

However, not every item is sold during this time. Once the Easter holiday is over, go to these stores and obtain decorations and gifts that will be sold at very low prices. You can then use them for next year’s Easter. If you want to avoid buying inexpensive decorations, you can obtain them during the period just after Easter at low prices but of high quality.

As we mentioned above, last year Britons spent almost £4 billion on food, drinks, clothing and household items during Easter. Keep in mind the Easter holiday does not usually last more than one week. By using that statistics, you can deduct that everyone spent £62 during the short holiday in April. The economy in England has been recovering slowly since the recession, costs of living are high and household incomes have not recovered to pre-recession numbers. Therefore, if you want to throw caution to the wind by putting a limit this Easter, this article is the best place to start.

Are you ready to make this Easter a time for fun and celebration? Just take care of the budget and Easter will be a time that you will never forget with your friends and family.

Author: narek.vardanyan

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