FROM a festive feast to presents for the family, there's no denying that Christmas can be a very expensive time of year.
With the cost-of-living crisis impacting households up and down the country, it's little surprise people are trying to cut back costs wherever they can.
Highly recommend the fiver challenge. Every fiver you come across HAS to go into an envelope. We’ve saved between us £300 since august for our 3 girls, we will start again in January and this will be towards the girls Christmas and birthday money! Such a good way to save and not spend in bulk!#savingmoney #savinghacks #fyp #fypシ #StopScammerTime #foryoupage #foryou #mumsoftiktok
But, if you're worried about what your finances will look like come December, then one savvy woman may just have the perfect solution.
A mum-of-three named Millie has taken to TikTok to share her very clever money-saving hack.
And the best part? It's not too late to start now.
In the clip, Millie, who posts under the acronym @mrdxo92, explains: "Saving every fiver we come across to put towards Christmas and birthdays for our three girls."
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She captioned the post: "Highly recommend the fiver challenge.
"Every fiver you come across HAS to go into an envelope.
"We’ve saved between us £300 since August for our 3 girls, we will start again in January and this will be towards the girls Christmas and birthday money!
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"Such a good way to save and not spend in bulk!"
The video has since racked up a whopping 115,000 views and been flooded with comments from social media users – with many admitting they'll be giving the £5 method a go.
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"Ooo I’m so doing this," wrote one.
A second enthused: "Good idea!"
A third praised: "Good idea, you will be surprised how quick it will add up too especially if you start in January!"
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