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


Serious Fraud Office: Commences Enquiries Into Allegations Of COVID-19 Wage Subsidy Fraud
The Serious Fraud Office has commenced a number of enquiries into alleged abuse of the Government’s COVID-19 Wage Subsidy. Director Julie Read said the allegations relate to multiple complex cases of potential fraud that have been referred to the agency following extensive investigations ... More>>

Environment: Preliminary Environmental Data On New Zealand’s Air Quality Released Today

The Ministry for the Environment and Stats NZ have published the Our air 2021: preliminary data release today. We are currently working to revise the Our air 2021 report to incorporate analysis of the World Health Organization (WHO) 2021 air quality guidelines that were released on 23 September 2021... More>>

Statistics: Food Prices Rise For Sixth Consecutive Month
Food prices rose 0.5 percent in September 2021 compared with August 2021, mainly influenced by higher prices for grocery food and meat, poultry, and fish, Stats NZ said today. September’s movement is the sixth consecutive monthly rise. After adjusting for seasonality, prices rose 0.9 percent... More>>

Reserve Bank: Robust Balance Sheets Yield Faster Economic Recovery

Stronger balance sheets for households, businesses, financial institutions and the government going into the pandemic contributed towards maintaining a sound financial system and yielding a faster economic recovery than following previous deep recessions... More>>

Transpower: Releases Independent Report Into Events Of August 9
Transpower’s Chief Executive Alison Andrew has today released an independent report into the grid emergency of August 9 when insufficient generation was available to meet demand, leading to some customers being disconnected... More>>

Bayleys: Latest Lockdown Adds Further Fuel To Industrial Property Market

The recent construction shutdown resulting from Auckland’s Covid 19’s lockdown restrictions has put additional pressure on an industrial property market that is already struggling to keep pace with demand... More>>