Create a holiday budget to avoid credit card debt
The winter holidays are the hardest time of year for your budget. Here’s how to save money and avoid holiday debt.
The winter holidays are the most expensive time of year, by a large margin. Consumers spend $630.7 billion for the winter holidays, compared to just $21.6 for the next most expensive holiday (Mother’s Day). Whether you have kids or not, this holiday season is the most likely time of year to take on debt. So, you have to budget carefully if you want to avoid high interest credit card charges. Otherwise, you could be paying off your holiday purchases by the time next Christmas rolls around. The articles in this section can help you craft an effective holiday budget, avoid Christmas spending traps and save money. So, don’t let holiday debt take over your budget and leave you in a bind after the New Year! Act now to make your holiday spending plan, and if you end up charging and need help, Debt.com is here