It is the beginning of November and now is the perfect time to start thinking about a debt-free holiday season. Here are some tips that can help you manage your funds and limit your use of credit during the holiday season.
• Start planning immediately.
Know how much money you have to spend and what you want to spend it on. Start looking and comparing prices on the items that you intend to purchase. Make sure you include not only gifts, but also food, entertainment and travel.
• Try not to use Credit Cards.
Credit cards are a great convenience. Just remember that convenience typically costs you more. If you use your credit cards, try to pay the bill in full when you receive it. That way you don’t have to pay additional finance charges.
• Keep the true meaning of the holidays in mind. It’s not about the gifts. It should be more about being with friends and family and enjoying your time together.
For more information about putting together a spending plan and better money management, give Graceworks Consumer Credit Counseling Service a call at 937-643-2227.