Author Lauren Howells

Almost 1 in 7 people (14%) worry about money every day during the run-up to Christmas, new research from National Debtline has revealed.

More people experiencing ‘worry, stress and sleepless nights’

The YouGov online poll of more than 2,000 British adults, discovered that there has been an increase in the number of people who are experiencing ‘worry, stress and sleepless nights’, with 13% of respondents saying that they ‘regularly worry’ about money in the run-up to Christmas, up from 10% last year.

1 in 10 revealed money worries were “negatively impacting” Christmas

Money Worries: Nearly one in seven Britons “worry about money every day” in run-up to Christmas

Nearly 1 in 10 people (9%) said that their money worries were “negatively impacting” their enjoyment of Christmas, compared to 6% in 2016.

Chief executive of the Money Advice Trust, the charity that runs National Debtline, Joanna Elson OBE said: “Money worries can affect people at any time of the year, but with the pressure to spend even greater at Christmas, this can cause even more stress. The fact that more people are worrying about money and feeling their debts are a heavy burden is a particular concern.

“No one has to go through this alone.  We would encourage anyone worried about money at this time of year to seek support online at

“Even if you just make a start to deal with the problem, this could make a huge difference in giving you some peace of mind this Christmas.”

Increase in number of people turning to credit to cover Christmas costs

The research also revealed that there has been an increase in the number of people who are turning to credit to cover their Christmas costs, with nearly 4 in 10 people (37%) revealing that they were putting Christmas presents on credit, compared to only 33% last year.

Almost a quarter of people (24%) said that they were putting Christmas food on credit, up from 22% in 2016.

Over half of people questioned hadn’t saved for Christmas

Respondents were also questioned on their approach to budgeting, with more than half revealing that they hadn’t saved for Christmas.

Less than a third of people said that they had a Christmas budget that they were trying to stick to.

Founder of, Martin Lewis, said:

“Too many people feel pressured into making a lust list of what makes the perfect Christmas. Instead start by working out how much you’ve got to spend and cut your cloth accordingly. If the answer is you have nothing, then go cold turkey! Have fun, see family, watch the telly, but try not to spend money. Christmas is just one day. Far more important is a happy, financially stress-free New Year.”