I saw this story on the Today Show and thought, ‘Mmmm, this could help me out too!’
Trying to figure out how you can cure your holiday overspending hangover? Read this,
The gift-giving is done, and even if you’re still eating holiday dinner leftovers, have you thought about your holiday debt? A survey from Coinstar reveals that 66 percent of people say they go over budget during the holidays by an average of $116. Another study finds that 32 percent of Americans say they regret how much they have spent over the holiday season, and 11 percent go into debt as a result. David Lyon, CEO of Main Street Financial says when tackling holiday debt, concentrate on credit cards first, as they usually have the highest interest rates. Gail Cunningham, with the National Foundation for Credit Counseling says, “Many people piled new debt on top of old. Try to cull out the charges related to the holidays and commit to paying those off by the end of the first quarter of 2015. This will at least get you back to your pre-holiday spending level.”
Great tip!
