Money guru Martin Lewis has shared his tips for saving money when placing your Christmas presents.
On the ITV show The Martin Lewis Money Show Live, he discussed several ways to cut costs – and sometimes he says the Royal Mail is the best option.
His best advice is to have the store where you buy something deliver your gift.
He said, “If you are going to buy something from a retailer, order it online and have it delivered. That is true even abroad.
“It’s generally the cheapest way, both on its own and because you don’t have to pay to send it to you and you to send it to someone else.”
For packages you want to ship yourself, if they are less than 1kg, Martin says Royal Mail is probably your best choice.
He said, “Go to their website for a check, both for the UK and overseas. You might be able to beat it in certain circumstances, but overall it’s quite competitive.”
For packages over 1 kg, he recommends using a reseller: companies that buy up the spare capacity of large package companies such as DHL and Hermes.
He said, “If you do it through a reseller, you have the same rights and insurance coverage as direct – but they’re no frills, so the customer service might not be that good.”
Martin also warned anyone shipping a package to check what their insurance covers before shipping it, especially if the items in it are valuable.
The latest episode of his show also highlighted Premium Bonds, buying gift certificates as Christmas presents and proxy refunds.
The Martin Lewis Money Show is on ITV on Thursdays at 8:30 pm