Ah, the holiday season! Turkey and dressing, pumpkin pie, office parties, jingle
bells, and lots and lots of eggnog make the season a delight. But all fun and reindeer
games aside, you have to be careful to make sure you don't wind up as poor as Tiny
Tim! Americans can spend as much as $1,000 a year on gifts for family, friends and
business associates. That is a big chunk of money that can hit you pretty hard come
January if you don't plan ahead.
There are some tips and tricks you can do to keep
your holidays bright and debt-free this year.
Before the holidays arrive, do some careful plotting and planning for family and
business expenses. A few hours spent in preparation can mean less money spent on
gifts. You don't have to be Scrooge, you just have to be smart.
Come the start of January, your main concern is going to be getting ready for the
new year, and you won't want post-holiday money troubles making things worse. The
Ghost of Christmas Past starts visiting even before you put the tree in the trash.
Be sure to have a Happy New Year by being money-wise in advance.