Nearly half of people ‘concerned about how their family will afford Christmas’
Almost three-quarters of people would be happy to receive fewer or no gifts this year, according to credit provider Vanquis.
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Two-thirds (66%) of people would rather go without a Christmas present this year if the gift-giver is worried about money, a survey has found.
Just over a fifth (21%) said they would encourage people to buy a cheaper gift, research by credit provider Vanquis said.
More than seven in 10 (72%) women surveyed said they would rather go without a Christmas present this year if they know the person giving it to them is worried about money, as would six in 10 (60%) men.
Nearly half (47%) of people surveyed said they are concerned about how their family will afford Christmas and nearly three-quarters (72%) said they would be happy to receive fewer or no gifts this year.
However, fewer than a fifth (18%) of those surveyed would be prepared to have conversations with family and friends about spending and gifting less.
Vanquis said it has collaborated with illustrator Whacko Chacko on a range of digital Christmas greetings to help people have conversations about spending and gifting less.
The greetings will appear on Vanquis’s social channels on Instagram and Facebook. For each share on the posts, Vanquis said it will donate £1 to the Trussell Trust’s emergency fund appeal to help food banks this winter.
Fiona Anderson, managing director of cards at Vanquis said: “It’s important people don’t overstretch themselves to avoid an unmanageable credit bill when it comes to January and beyond.”
Some 2,000 people across the UK were surveyed in October.