Consumer journalist, Wendy Knowler, says last minute Christmas shopping can make people overspend as they are in a rush trying to buy all they need in a limited time frame.
Here is her advice on how to avoid turning January into Jan-worry...
Have a budget- decide how much you want to spend, and stick to it.
It's too late to do online shopping - you will probably receive your delivery after Christmas.
Avoid taking metered taxis or Uber - if you have drunk too much alcohol, ask a friend for a lift, or take a minibus taxi.
- Make an agreement with family on how much to spend on gifts - you don't need to go completely wild to prove you love each other.
Listen to the audio below for more information...