According to the latest research, over half of us have already begun our Christmas shopping. Three quarters of those who have already begun to buy Christmas presents have said that the early start to their shopping is in an attempt to spread the cost of Christmas.

The research has also shown that the amount spent on presents is set to fall this year with a third of shoppers saying they are planning to spend considerably less than last year, and 80 percent of people looking to spend less than £250. In 2008, the average spend was £320 per person.

One in ten people have said they are not intending to send any Christmas cards this year, with more than half of those stating this is in an attempt to save money.

Naturally, there are also some super-organised people who have finished their Christmas shopping by now already having purchased most of this year’s presents, wrapping paper and embellishments during the January sales.

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