This is our second year donating items to local charities in lieu of having a big holiday gift-swap with our immediate family. From our perspective, it’s what the holiday season is all about; giving to others in need.
It’s that time of year again where many people feel the financial stress of buying presents for their families, friends and even co-workers. Unfortunately, many consumers find it all too easy to charge all of these gifts on credit cards and unless they are ZERO interest cards, these shoppers will be going into the new year with Holiday debt. Now is that any way to start the New Year? NO!
So how do you stay motivated during the season of over indulgence?
Stay focused. Stick to your plan. Write it on the walls or where ever you need that motivation to be.
From a personal finance perspective, it’s a responsible strategy to start planning ahead months before the holiday season. However, I’ve noticed that every year, holiday decorations appear earlier and earlier in the stores.