2020 has been a year none of us will forget and the impact the Covid-19 pandemic has had on every one of us is profound, says Ann Francis of Cambrian Credit Union who explains how people throughout Wales are likely to be spending less this Christmas. Financially many people have suffered due to job losses, cutbacks on overtime and long periods of furlough, she said. We’ve also had a stark reminder that building up a good savings pot is essential in case the unexpected happens. A Credit Unions of Wales survey suggests generally we’re going to be more frugal this Christmas and keep a closer eye on our spending habits because of the lessons learned this year.