With the holidays rapidly approaching, it’s important for consumers to develop a holiday spending plan to avoid financial headaches in the future, says the American Bankers Association. ABA highlighted seven tips to help consumers minimize their holiday spending debt.
“It’s a special feeling to make loved ones happy with the perfect holiday gift or to make donations to charities you care about deeply, but it’s also extremely important to spend within your means and avoid stressful debt in the New Year,” said Corey Carlisle, executive director of the ABA Foundation. “Mapping out a holiday spending plan and avoiding impulse buys will go a long way toward keeping your finances on track.”
Below are seven spending habits Americans should consider to help relieve the financial stress of the holidays:
Share This Article