Simon Read explains why Christmas doesn't have to come with a financial sting.

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Simon Read explains why Christmas doesn't have to come with a financial sting.
18th November 2014

We hear why it's no surprise spending is up this year as people are generally beginning to feel slightly happier with the economy, and after a long year people are keen to spend at Christmas to enjoy themselves. 

Simon explains that for those worrying about how to afford Christmas this year, a 0% interest credit card can come to the rescue, with some give up to 20 months to pay off a balance interest free. It's important to apply soon, though, as the cards can take two weeks to arrive. 

He stresses how important it is to avoid pay day loans or overdrafts as one can quickly end up paying interest rates which can rapidly get out of hand. 

It's best to pay off any credit card balance as soon as possible before interest is incurred. 

Simon also gives his top tip for presents: reprints of classic books, which are a timeless, elegant gift that can be picked up extremely cheaply.  

Simon also explains the latest American import to the UK, Black Friday, and what it means for bargain hunters. 

We asked Londoners why they might spend large amounts and if it’s a good thing.

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