3 Holiday Credit Card Traps to Avoid

The winter giving holidays are upon us -- so there's no better time than now to start thinking about holiday budgets, and how to best manage credit card spending. Every year, many Americans choose to take drastic measures to cover holiday expenses by withdrawing money from their 401(k)s, dipping into their savings, or taking out payday loans.

With this in mind, let's dive in and cover three holiday credit card traps you'll want to avoid.

Image source: Getty Images.

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Source: Fool.com