Christmas is fast approaching, and with it, for some of us, accruing more debt! It’s important to share what you have with others, and show them your appreciation, and gift-giving is one of those ways – but remember there is no reason to “break the bank” to do it. A meaningful gift isn’t the most expensive, it’s the one with the most thought behind it.
According to the survey on holiday spending from the American Research Group, Inc., shoppers around the country say they are planning to spend an average of $800 for gifts this holiday season. I wonder how many people actually saved for this or if it is going on a credit card.
If you are whipping out that credit card this year, you might want to think about budgeting for next year. Growing Up for Grown-Ups, A Dozen Ways to a More Financially-Stable You! shows you how to budget for this and other bulk expenses – like cars, vacations and houses.
