Why Shoppers Are Loading up their Credit Cards This Holiday Season
38 percent of Americans will charge their holiday purchases to a credit card, and almost half of those said it’s to earn rewards.
How to Have a Happy, Debt Free Thanksgiving Weekend
Holidays can be hard on your budget, particularly if you have a habit of going overboard on decorating and entertaining. That’s true even with “inexpensive” holidays like Thanksgiving, where the average household spend was just under $60 in 2017. Even for people living on tight budgets, that amount usually won’t break the bank. But again, that’s just the average and if you go nuts, decorating and dinner can quickly stack up the costs.
There’s also a unique challenge with Thanksgiving, because it marks the official start of the holiday shopping season. You have pre-Black Friday sales on Thanksgiving night, then Black Friday, Small Business Saturday, Cyber Monday and even Giving Tuesday. So while Thanksgiving isn’t insanely expensive, the weekend can be.
The articles below help you stay frugal during the Thanksgiving holiday and on into the extended shopping weekend. And if you end up overspending over these four days, remember Debt.com is always here with credit card debt solutions that can help you pay off those balances.