Business · Economy · 17 hrs ago

Couples’ Christmas gift spending peaks after 11 to 15 years together

Couples’ Christmas gift spending peaks after 11 to 15 years together

A UK survey found that couples together for 11 to 15 years plan to spend the most on Christmas gifts for each other.

They expect to spend £243 on average, compared with an overall average of £193.

The average drops to £189 for couples together for 16 to 20 years and £180 for those together longer than 20 years.

In newer relationships, 67% say deciding how much to spend feels awkward before the relationship becomes more formal.

Moving from an undefined relationship to a formal one in the early months is linked to an average gift budget increase from £117 to £171.

Nearly half struggle to find good gift ideas, with clothing, shoes and trainers the most popular choices.

Clearpay commissioned Opinium to survey 4,000 people in the UK in October, and the findings describe planned spending rather than actual purchases.

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What people are saying

Rich BayerClearpay chief executive
Setting a budget you’re comfortable with, talking openly about expectations and planning ahead can take the pressure off, leaving you free to find something truly meaningful.
via Evening Standard