With the cost of Christmas festivities rising from year to year, it can be a jolly expensive time of year. Here's why?
According to figures from Finder, our collective spend on Christmas in 2018 was more than $25 billion, with the average Australian forking out $1,325. While roughly $1 billion of that total goes on decorations, a hefty chunk will be for gifts for our nearest and dearest. In our recent research into giving gifts in Australia, we calculated that, on average, we spend $93 on a significant Christmas gift.
Source: Money & Life