Give DIY presents for Christmas this year

According to new research from Principality Building Society, more than half of Brits would consider giving their loved ones a DIY present for Christmas this year, such as handmade clothes, arts and crafts, or even homemade cakes and chocolates.

However, only one in five people would consider giving a ‘second-hand’ gift found in a car boot sale, jumble sale or charity shop – although 29% said they would if they believed the recipient would not notice.

However, an antique or a valuable collectible, such as a book or memorabilia, would be acceptable as 75% of people surveyed by Principality said they would give such a gift.

James Wright, Marketing Director at Principality Building Society, said:

“It looks like people want to treat themselves and their loved ones this Christmas to banish some of the economic gloom we have felt during the year.”

“It’s great that people are coming up with innovative gift ideas that will actually help them to save money this Christmas, reducing the likelihood of a financial hangover in January. Christmas is traditionally a time for giving, but it doesn’t have to cost the earth – presents of homemade cakes and chocolates are a lot more personal than socks or aftershave – and who wouldn’t love the gift of having their ironing done for a month!”