Here is How I Avoid Debt During Holiday Shopping
Budgeting for Holiday Shopping Helps Me Avoid Debt
No matter how hard I try to have a slow December and carve out some time for respite and reflection, the end-of-year gatherings, gift-giving, and general busyness can feel like a whirlwind.
Despite feeling the season’s crunch, one thing I’ve long avoided is overspending and digging a debt hole. I do five things that let me budget for seasonal shopping year-round, and it has helped me steer clear of holiday debt hangover.
1. I keep a spreadsheet of my holiday expenses
Yes, it’s true. My tiny cabin for one (plus a cat) might have “piles of shame” with small mountains of stickers and stationery, but one thing I do stay on top of is maintaining a budget for the holidays.
2. I pare down my list
Besides keeping track of my holiday-related expenses, I see how I might pare down my list or lower my expenses.
3. I keep a gift fund
4. I shop during sales throughout the year
