Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Overspending revealed as biggest Christmas concern

December 17, 2008.

Overspending revealed as biggest Christmas concern

An online survey conducted by major retailer Farmers has revealed that “overspending” is the biggest worry for New Zealanders this Christmas.

The survey – which went out to 1,000 customers – asked people to identify what stresses them out over the Christmas period.

Having to buy presents for ‘difficult people’ and a fear of overeating came in as the second and third most common concerns. Rounding out the top five Christmas concerns are finding time to shop in fourth spot and preparing the house for visiting friends and family.

Kathy Pittaway, a mother of three from Howick in East Auckland, agrees with the survey results.

“I’ve got a set budget this year, but it’s sometimes hard to stick to when you see the perfect gift for an extra $10, or you’re rushing around trying to come up with a decent gift idea.

“However, I don’t know if a fear of overeating is a seasonal concern,” says Kathy laughing, “I wouldn’t take any notice about overeating during Christmas period, I’m more concerned about finding the time to shop!”

Dean Cook, head of marketing at Farmers, is not surprised by the results saying that excessive hype about economic doom and gloom will see people tighten their purse strings.

“People are naturally worried about what is happening economically right now so they’re sticking to a tight budget. Because of our size we’re able to negotiate great deals and pass on those price advantages to our customers.

“Every festive season we stock a range of great gift ideas for the whole family that won’t break the bank – from clothes and lingerie, to beauty and homewares, we’ve got it all under one roof at affordable prices.”

Some common tips for Christmas budgeting includes:

1. Set individual budgets for each person you buy for: Farmers has a range of suitable options and prices for everyone from children to grandparents.

2. Buy Gift Cards. If you’re running out of time to shop, you can consider gift cards. Farmers have Gift Cards available between $10 and $1,000, allowing you to easily stick to budget and purchase the perfect gift for those hard to buy for people.

3. Give yourself time to shop. All Farmers stores are open for extended hours in the lead-up to Christmas. By giving yourself time to shop for the right present you won’t be pressured into last minute buying.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Air New Zealand: Capital Raise Deferred

Air New Zealand has decided to defer its planned capital raise to later in 2021 allowing more time to assess the impacts of recent developments on the airline’s path to recovery. 'We’ve seen some clearing of COVID-19 clouds recently, with ... More>>

Commerce Commission: Cartel Conduct Now Punishable By Up To 7 Years’ Jail Time

Cartel conduct can now be punished with a term of imprisonment of up to 7 years, after the Commerce (Criminalisation of Cartels) Amendment Act 2019 came into effect today. Cartel conduct includes price fixing, market allocation and bid rigging (see ... More>>

Stats NZ: Auckland Population May Hit 2 Million In Early 2030s

Auckland’s population may rise from about 1.7 million currently to 2 million by early next decade, Stats NZ said today. “Auckland will likely have the highest average annual growth of New Zealand’s 16 regions over the next 30 years, from ... More>>

Air New Zealand: Business Travellers Return To The Skies In Record Numbers

After a year of talking to a computer, Kiwis are leaving the office to re-connect with their clients, suppliers, and staff. New figures released by Air New Zealand show domestic business and corporate travel has defied global trends by returning ... More>>

PwC: Outcome Of Review Into Air New Zealand Gas Turbines Business

Air New Zealand has received the report into its Gas Turbines business from independent external advisers PwC. Air New Zealand Chairman Dame Therese Walsh says the report identified a range of effective controls in the Gas Turbines revenue contracting ... More>>

LPG Association: Renewable LPG Achieves Emissions Budgets With No Need To Ban New LPG Connections

Renewable LPG can supply New Zealand’s LPG needs and achieve the emissions reductions proposed by the Climate Commission without the need to ban new connections, a new study shows. The investigation, by leading consultancy Worley, was prepared for the ... More>>

Commerce: House Values Continue To Climb As New Government Measures Announced

The Government’s new initiatives to quell the rocketing housing market were announced last week, just as house prices hit a new high for the end of March. The average value increased 7.8% nationally over the past three-month period, up from the 6.8% ... More>>