How to Keep Your Holiday Spending Under Control
The holiday season should be an enjoyable time to count your blessings and celebrate with those you love. Unfortunately, for many Americans, it's instead become a season of budget busting -- or even taking on debt.
Spending too much during the holidays can leave you struggling to pay the bills when the new year arrives. And if you borrow money, you may be stuck with the debt for months or even years to come. This can be a big problem if you end up committing too much of your income to covering the costs of holiday spending and can't accomplish other financial goals -- such as investing in a retirement account.
The good news is, you don't have to go overboard on the festivities in a way that compromises your financial security. In fact, there are plenty of ways you can limit the amount you spend during the holiday season while still having a great time. To help you out, here are a few key tips.
Source Fool.com