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.  Read more... (167 words, estimated 40 secs reading time)

5 ways to save £50 a month

The news is full of articles on the recession – the lack of jobs, the rising levels of unemployment, the cost of pensions and the lack of savings. So now is a fantastic time to start saving. Here at MoneyTowers, we have put together five quick tips to hep you save £50 a month.  Read more... (425 words, estimated 1:42 mins reading time)

New research is claiming that shoppers are being duped into buying the wrong products because of similar packaging.

Research carried out by the British Brands Group reports that one in three shoppers has admitted they have accidentally bought the wrong product because it’s packaging was similar to the product they were after.

Some packaging is often made similar to a well-respected and liked brand with the same product in the hope that consumers will be tricked into picking up the wrong product without noticing. The BBG has called this sort of brand identity hijacking misleading and has called on the Office of Fair Trading and council trading standards to investigate the instances that they found.  Read more... (196 words, estimated 47 secs reading time)