Christmas is the festival of love; however, in this day and age, it is also the festival of gift giving. You want to give your loved ones extra nice gifts to please them. However, the cost of the wishes often exceeds one's budget, whether it is new toys for the children, jewelry for the loved one or a shared experience. Fortunately, there is the possibility to finance particularly expensive gifts through a loan. In which cases this is advisable and what you should consider, we show you in this article.
How expensive should Christmas gifts be at all?
Basically, of course, you can never find the right answer for this. Statistically speaking, every German spends around 280 euros on Christmas presents. According to Statista, in turn, it was still 338.90 euros per capita in 2011, whereas in 2019 we are already at 475 euros. Specifically