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Give yourself more room to move this year with a Christmas savings account

We all know the feeling of dread and despair that can accompany the lead up to the Christmas period across the United Kingdom. While the kids are spending their time looking forward to the gifts that Father Christmas has in store for them, parents are fretting about just where the money for the most expensive time of the year is going to come from.

This is a scenario that is played out up and down houses across the country every year, but things needn't be so difficult. With a little bit of forward planning it's possible that you can make your life a hell of a lot easier thanks to a Christmas savings account.

There are a number of great options available out there for those of you who are interested in starting to put money into a Christmas savings account right now. The way they work is very simple, every week you just put a few pounds aside (the minimum saving tends to be £5 per week, but you should be able to save as much as you want beyond that) and when you need to dip into it as Christmas approaches, you simply withdraw whatever you need.

While many people would question the validity of such a service given the fact that they could just use their regular bank account, the whole point is to keep things separate so that you never dip into your Christmas savings account during the year.

We recommend taking a look at your nearest post office for the most hassle free Christmas savings account in the United Kingdom. You can save as often as you like, up to a maximum of £1,000, and you can even check the balance of your account over the phone! For more information you can check out postoffice.co.uk.

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