Martin Lewis calls for ‘ban’ on buying ‘unnecessary’ Christmas gifts

Martin Lewis has shared his view on ‘unnecessary Christmas presents’, calling for a ban on them. Talking on the Martin Lewis Money Show, the titular host spoke about the upcoming festive season, claiming the best gift is “not buying anyone anything” and not forcing anyone into financial burden.

He discussed his show’s ‘tradition’ of playing viewers a clip where he describes Christmas as a “retail festival”, with the segment from his show being shared on his TikTok page. . In the footage, Martin said: “Many people feel obliged to buy gifts for others that they know they won’t use with money they don’t have, and cause themselves stress they don’t need.”

Martin spoke about the origin of giving gifts, and how it has seemingly developed into ‘tit for tat giving’. He got a member of the audience to participate by giving them a scarf in exchange for theirs, explaining that if spent £20 on a gift, he would be “forcing” her to give something of a similar value in return.

“You might have chosen that your children need more new shoes instead,” he told the audience member. “So I’ve mis-prioritised your finances by giving you a gift. So what I think, it is time for us to get off this gift-giving treadmill.”

Martin added: “Let’s work together to ban unnecessary Christmas presents, not for your spouse, not for smiling children under the tree, but the ever expanding list of friends and cousins and teachers that we feel forced to buy.”

Martin suggested creating a ‘Christmas present prenup’ or muck in with a Secret Santa with a cap of £5 or £10. During his show, Martin also spoke about how the message he put out was before the Covid-19 pandemic and cost of living crisis.

He added: “It might be nice to give, but think about the impact of your giving. If it’s fine and they won’t buy you back, great. If it’s not, well, maybe you need to release people from that obligation.”

The video has now viewed over a whopping 1.4million times on TikTok. Viewers had a range of opinions on the matter, with Dave stating: “Christmas is for children, I don’t need anything”.

Glittergreigy commented: “Let’s normalise making gifts for people … appreciate time and effort!” KirsteyblythX wrote: “Charity shops have Christmas goodies, new or used, daughters Christmas has came from my charity shop work cost effective.”

While Kayleigh said: “Me and my husband spend what we can on the kids, then spend £10 on each other. usually from £1 shops. it’s hilarious some of the things we receive.”

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