Aussies save smart for Christmas cheer

19 December 2025
Personal Finance

• New NAB data reveals Aussies aim to save around $2,300 for Christmas 

• Top savings goals include gifts, holidays, and festive celebrations

With less than a week to go until Christmas, Australians are making the final dash to get their festive finances in order. many have already locked in their budgets early and set aside savings to ensure a joyful season without the financial hangover.

New NAB data shows Aussies are locking in their budgets early, with the average Christmas savings goal sitting at $2,375 - down from around $4,000 last year - as many look to celebrate without the financial hangover. 

NAB Executive for Everyday Banking Sweta Mehra said whether it’s for gifts, getaways, or a feast with all the trimmings, Australians are choosing to spend thoughtfully and keep the season joyful but affordable.

“We’re seeing people embrace the spirit of saving - breaking down their goals into manageable weekly amounts so they can enjoy the holidays without the stress,” Ms Mehra said. 

Rather than cutting back on Christmas cheer, Aussies are setting realistic, achievable goals and spreading costs over time. 

“It’s about keeping the joy high and the stress low,” Ms Mehra said.  

“Smaller targets give people more confidence and peace of mind.

“We’re seeing customers get creative - from family Secret Santas to festive picnics instead of pricey dinners. It’s thoughtful choices like these that help make the season bright without breaking the budget.

“Aussies have sharpened their budgeting skills over the past few years, and Christmas is no exception.”