Create a Holiday Spending Limit
Unfortunately, excess during the holidays has its consequences. Just as your jeans may fit a little tighter in the New Year, you may end up sporting the added weight of debt if you overspend. That’s why setting a limit (and sticking to it!) is crucial. Use your budget to figure out a realistic limit that you can afford.
Make Saving a Year-Round Thing
On the flip side, the earlier you build the holidays into your budget, the more likely you’ll squirrel away funds here and there to boost your spending limit. With months on your side, you can cut unnecessary spending and reroute the cash into the festivities.
Understand How Credit Fits into Your Plans