by Art Piccio . December 9th, 2014
Christmas is not exactly all about the money, but money has been a huge factor in celebrating the Yuletide season since before Charles Dickens. Materialism, or gift-giving if you prefer that term, has always been part and parcel of Christmas traditions.
Moneysupermarket.com created this somewhat wistful infographic a couple of years back. Except for the iPhone 5 references, it manages to be quite relevant today.
Note the exchange rate for American dollars and and Dr. Who Money in the past few years is approximately $1.56 (USD) to £1.00(GBP):
Whether you believe that the “Christmas gift” has its roots in Biblical tradition – to remind the faithful of the gifts of gold, frankincense, and myrrh the Three Wise Men gave the Infant Jesus, or that it developed from the ancient Roman tradition of exchanging sigillaria during the feast of Saturnalia, the idea of the Christmas present and spending are almost inseparable from each other.
As far as more recent history goes, the past 100 years was a landmark era for gifts, and bestselling gifts were truly far more varied than the clay figurines and hunting knives the early Romans and Christians might have exchanged.
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Arthur Piccio manages YouTheEntrepreneur and has managed content for major players in the online printing industry. He was previously BizSugar's contributor of the week. His work has appeared multiple times on The New York Times' You're the Boss Small Business Blog. He enjoys guitar maintenance and reading up on history and psychology in his spare time.