“‘Tis the season to be jolly,” goes the old song, but for many of us, ’tis the season to go in debt and feel financial strain.
You might have thought that the days of resisting peer pressure ended in high school. However, if everyone around you is spending elaborately for the holidays–for presents, decorating, and parties–you may feel the pressure to do the same, which can pack a painful punch to your wallet.
There is nothing worse than the holiday spending hangover that hits in January when you get that large credit card bill.
However, every December doesn’t have to be a financial strain if you begin implementing steps to rein in your spending.