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In the chaos of nativity plays, Christmas jumper days and securing your Christmas food delivery slot, teaching the joy of gifting to your kids is likely the last thing on your mind. But, as I discovered, this time of year is the perfect opportunity to teach them about spending and budgeting.
We partnered with GoHenry to set my two sons, Joshua (12) and Luke (10), a challenge to buy each other a Christmas gift with just £20. Cue some Christmas chaos and some tough choices. Let’s see how they got on…
How did you find the challenge?
Was it hard to come up with present ideas for your brother?
How did you feel about sticking to a £20 budget?
How did you keep track of how much money you’d spent?
Did anything surprise you about how expensive or cheap things were?
What was the trickiest part of the challenge?
Would you do anything differently if you did it again?
What did you learn from this challenge?

GoHenry: where kids go to learn money
Kids learn to earn, save, spend and invest with pocket money, custom savings goals, gifted money from family and friends, gamified lessons and more. Give your child the head start you wish you’d had, with their own smart money app and card. Get 2 months free plus £20 pocket money with code AFFFDR220.
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Exclusive to Plus & MAX. GoHenry Interest Savings is provided by Bondsmith Savings Ltd, authorised by the Financial Conduct Authority.
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