The average amount kiwis spend on christmas

The average amount kiwis spend on christmas


December is undoubtedly the most expensive time of the year.

You can tell yourself a hundred times that, “you’re on a strict Christmas present budget this year”, but in the end we all know that’s not going to happen. The credit card always seems to get the most action during this time of year, whether you plan to use it or not.

But how much money are we actually spending on Christmas presents?

Statistics have been released by TradeMe this week, revealing that Kiwi shoppers spend between $25 and $50 on each Christmas present they buy, which can certainly add up when you’ve got a big list of friends and family to buy for!

A total of 550 New Zealanders took part in the TradeMe survey about Kiwi shopping behaviours during the festive season.

“Kiwis are a pretty organised bunch when it comes to getting our Christmas shopping done, wrapped and under the tree. Half claim to beat the mad Christmas rush and get their shopping done in October or earlier, but 12 per cent of us leave it until the week before Christmas – with 1 per cent admitting to desperate last-minute shopping on Christmas Eve,” says TradeMe’s Media and Communications rep, Millie Silvester.

She went on to say that over 40 per cent of Kiwis said that they find Christmas shopping stressful, and that finding perfect gifts for their significant others and parents was the hardest part about the festive season.

“Nailing the perfect gift for those closest to you is a pain point for Kiwis who stress about getting it right.

“Kids on the other hand seem to be the easiest to find stocking fillers for, and only 6 per cent of respondents said they were the toughest to shop for. Kids are pretty transparent with their gift requests so that’s not too surprising.” she said.

Kids can expect to get the biggest hauls out of everyone this Christmas, said Miss Silvester.

“Thirty-seven per cent of respondents said they spend the most on their kids, conversely just 8 per cent said they spend the most on their parents.”

How much are you planning to spend this Christmas? Tell us in the comments below.

By Stephanie Munro

First published 5 December

JUNO does not contain financial advice as defined by the Financial Advisers Act 2008. Consult a suitably qualified financial adviser before making investment decisions. This story reflects the views of the contributor only. Content comes from sources that JUNO considers accurate, but we do not guarantee that the content is accurate. Charts are visually indicative only.


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