Rising Chirstmas Debt?
This is probably no surprise, but financial websites predict that the average family will spend over $1,000 on holiday presents and celebrations, and that half of those families will not have the bills paid off when New Year’s rolls around.
We support celebration and the season of giving, but really think it’s a bummer if people are still paying for their generous gifts on the 4th of July! That’s why we decided to publish a holiday debt alert warning our readers about rising Christmas holiday debt.
How To Ward Off The Credit Grinch
Look for ways to reduce Christmas expenses. Remember that its the thought that counts. Start managing your finances better. There are lots of free online tools that can help you. Credit Sesame has lots of free online credit and finance tools that can help you.If you are considering using your charge cards a lot, you may want to visit the ghost of Christmas future with the help of this free online debt payoff calculator. It can help you estimate just how long it will take to pay off your balance. After you try it, you may just decide to shop more frugally and pay cash.Come up with some other ways to save money. The free online financial tools can help you figure out how much diferent loans can save you or which type of financial products will benefit you the most.
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