[DemolitionRed]

I've never understood why people take out loans to pay for Xmas. The chances are, if you need to take out a loan to buy little Johnny all those presents he doesn't need, its because you can't afford it and if you can't afford the presents, you likely can't afford the loan you now have to pay back.

Britain is a consumer society and some children being brought up in this consumer society are being taught from an early age, that they can have anything they desire. Just ask and Santa will deliver it on a plate. Mum and dad can't afford to pay for Johnnys school lunch but when it comes to Xmas, there will be dozens of expensive presents under the tree just for him. I don't think its healthy. It doesn't teach these children to be careful with money. It doesn't teach them how to be thrifty when times are short or that saving their pocket has benefits. All we are teaching them is 'indulgence is fine'.