Consumers spend more money during the holiday season - that is, the three months before New Year's - on presents, travel, and entertaining, than at any other time of the year. And much of that buying is done on credit, at high interest, which can lead to major debt and finance problems for months or even years to come. To keep your cheer intact before and after the holidays, we've compiled a few tips that will help you be generous without inviting disaster.
- Cut your gifts list
- Find alternatives to purchased gifts
- Make a budget
- Spend within your budget
- Get started early
- Avoid unnecessary warranties
For more tips on avoiding a financial disaster during the holidays check out the full article here.