www.marketwatch.com
As Americans anticipate holiday spending, increased credit card reliance is expected. To avoid post-holiday debt, experts advise establishing a clear budget and sticking to it rigorously. Track spending diligently and consider setting spending alerts. Explore alternative payment methods like debit cards or cash to avoid racking up high-interest debt. Finally, prioritize paying down credit card balances as quickly as possible to minimize interest charges and prevent long-term financial strain. Planning and disciplined spending are crucial for a financially healthy holiday season.
