Economic gloom affects holiday goodies and gifts

Lately, it seems like I can't go a day without seeing headlines warning of further economic doom. House prices falling, banks failing and credit crunches have become regular front-page fodder. And all this gloominess is also trickling into our holiday spending.

Last week's poll asked Yourhome readers if the current economic climate would affect their holiday spending.

An overwhelming majority - 80 per cent - answered yes. Thirteen per cent said their habits would be unchanged, while seven per cent said they didn't know.

I'm taking a cue from Santa and making my list (and checking it twice) before I hit the shops, rather than throwing whatever suits my fancy into my cart this holiday.

For more info on celebrating the festive season on a budget, including great decor and money saving tips, check out our festive guide. And get a bunch of great ideas for everyone on your list in the Star's Holiday gift guide.