You know that feeling when you get swept up in the spirit of the holidays and New Year’s? Trying to buy presents for everyone on your list while being frugal can be a tough job. With grocery prices these days even the price of hosting meals and family can add up too. In this article we have compiled our top 6 tips that you can use to stay on track with your holiday spending this year.
The downside to the holidays is our tendency to overspend (and overeat but we’ve earned that pie). Moreover, once January 1st comes around it’ll be hard not to spend every last penny we earn right away to pay off the holiday overspending we put our cards through. We can wear stretchy pants to handle the food we’ll be scarfing, but there’s nothing to counteract our overspending, other than paying down off our credit card bills.
Cutting back on your holiday spending now will likely set up a more positive financial journey in the new year, and your holidays can still be just as happy. You don’t have to cut everything out, but you can cut things down, starting with the amount of money you spend and your credit card bill.