1. Create and follow a holiday budget
Avoid making hasty decisions you’ll regret come January. You don’t need to buy a gift for everyone in your life. There are lots of fun holiday activities you can do without spending.
2. Stop credit card debt from snowballing
Avoid building bad credit, take out a personal loan to consolidate your debt. Personal loans are available at lower rates than payday loans, and they can help you stay on track financially during the holidays.
3. Ask Santa for things you need, not things you want
When people ask you what you want this holiday season, suggest items that you actually need. This will help you save money on essentials in the new year.
The Canadian Press