Friday, March 20

How to have a cheaper family Easter


There are ways to have a low-cost Easter (Alamy/PA) (Alamy/PA)
There are ways to have a low-cost Easter (Alamy/PA) (Alamy/PA)

Easter used to be a fairly simple affair; a nice bit of lamb, an Easter egg or two and handmade cards. But these days, there’s pressure to make it more of an extravaganza, with themed outfits, home makeovers and excessive amounts of chocolate (not ideal, when chocolate prices have soared).

On top of that, “schools are closed for that extra bit longer. That means, if you’re a parent, you’re having to spend more on looking after your children during that time, whether it’s putting them into holiday clubs or taking them to various events, on excursions,” says Rajan Lakhani, personal finance expert and Head of Money at Plum.

The rate of inflation won’t help either. “Inflation has been quite significant over the past few years, and until recently, it had started coming down, but now potentially it’s increasing again, with what we’re seeing going on with geopolitical events,” says Lakhani. “Even though the rate of inflation is decreasing, that doesn’t mean prices of things are decreasing, it just means they’re increasing at a lesser pace.”

(Alamy/PA)
(Alamy/PA)

These factors combined can lead to a very pricey Easter, but there are ways to cut costs and watch the pennies…

Make an Easter budget

As with anything that could bust your average weekly spend, it’s worth having a budget in mind. One you’ll actually stick to. “Easter is one of those holidays that can steeply become very expensive if you aren’t careful. Between the chocolate spending and the pressure for a full Easter dinner, costs can add up really fast,” says Lakhani. “There are various apps where you can create a specific pocket allocated to your Easter spending and draw from that specifically, so you’re not using any other money, and you’re reminding yourself to stick to that budget.” Try Plum, Monzo and Pocket.

Chocolate and the egg hunt

First, temper expectations. “The Easter bunny doesn’t need to shop for high-end chocolate,” says Lakhani. “You can buy affordable, good-tasting chocolate, like supermarket-own brands and wrap it up yourself in colourful tissue paper with a ribbon, and that creates similar excitement.”

The Easter bunny can also be late. “If your family doesn’t mind a delayed celebration, wait till Monday morning, many of the biggest retailers will reduce Easter egg prices significantly during that period after Easter Sunday.” And that doesn’t have to stop you having an Easter egg hunt. “Kids remember searching for the items and being with friends or family, more than the volume of sugar or chocolate,” says Lakhani. “Replace the chocolate eggs with reusable plastic eggs filled with stickers or fun items. Or create oval shapes from felt, and have coupons to find which allow the kids to stay up later or offer some form of reward.”



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