The Christmas decorations may not yet be packed away, but consumers have been urged to start planning for next year's festive season.
The New Year is a time for a fresh beginning for many, but for others a legacy of overspending at Christmas means thousands will begin 2011 with something of a financial hangover.
Research by discountvouchercodes.co.uk has shown that 83% of the UK public worries about the cost of Christmas.
The Office of Fair Trading (OFT) has advised people to make a resolution to save for Christmas 2011 now, and is providing advice to people wishing to avoid the financial strain of the festive season next year.
The OFT suggests:
If you'd like to start putting some money aside for Christmas next year, Northern Rock's one year bond offers a rate of 3.15% and allows further additions, so you can add to your funds through the coming year.
"It may seem a bit early to be thinking about next Christmas, when many of us are still eating the leftovers from this one," said David Murphy, head of campaigns at the OFT.
"But we want people to be in a position to enjoy Christmas without getting into financial difficulties and that often requires a bit of forward planning. It's all too easy to overspend so that we can create a special and memorable time for our friends and family.
"The idea of saving money can be daunting but there is practical help available."
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