'Tis the season when many people shop 'til they drop for gifts for their family and friends. There are those who max their credit cards on holiday shopping and end up repaying the debt well into the next year. Imagine having to skip next summer's vacation because you're still paying off this year's holiday debt. What's more, the people who received the gifts financed by your debt have probably forgotten all about the gifts by the time you pay off the debt. So is the debt really worth it?
The advice is not to skip out on gift giving this season. Instead, it's to make smart decisions about how much you spend, especially how much you spend using credit cards.
More Ways To Spend Less This Holiday Season:
- 5 Ways To Keep Your Holiday Spending In Check, Guide To Single Parents
- 7 Tips For Holiday Shopping Online, Family Internet
- How to Cut Down on Holiday Spending, Frugal Living
I forgot that a lot of people shop for themselves, as if they feel they owe themselves a gift for giving others gifts. Then of course they may be very generous to themselves. That really runs up the charge cards!
John DeFlumeri Jr
Hey, great post! Very precise, clear, I’ve also been writing about debt consolidation and your post illuminated lots when I began writing mine. Check it out
Great stuff!
How To Avoid Credit Card Debt During The Holidays in Four Steps
http://www.theglaringfacts.com/avoid-debt-during-holidays/