Recent studies have shown that the average American will add $986 of debt to their household because of the holidays. While that may seem like a manageable amount for some, this debt is completely unnecessary. Having a cash Christmas can help keep your finances in order, keep your stress levels down, and also keep you from overspending.
This is a guest post from our regular, talented writer, Kim Studdard.
8 Steps to a Cash Christmas
These 8 steps will help you buckle down and keep you on track to have a Christmas with no debt.
Set Your Budget
If you plan on having a cash Christmas, the first thing you need to do is set a limit that you don’t want to go over. It can be $200, $500, or even $2,000. The important thing is knowing how much money you need to save, and how much money you . . . → Read More: 8 Steps to a Cash Christmas