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What to give for Christmas – experts told how not to waste money – UNIAN
According to the expert, Christmas is a time when people spend more than they expect.
During the New Year holidays, many families spend a lot of money on gifts. However, people usually don't use them or don't like them, writes The Independent.
In particular, a study commissioned by the Association of Investment Companies (AIC) in the UK found that one in four parents who give gifts at Christmas say that some of them are not used or children never play with them.
The AIC estimates that £652 million could be wasted in the UK on unnecessary gifts this Christmas.
“About a fifth (21%) of parents of children under 18 agree that they spend annually on gifts…