Holiday shopping is in full force. If you are shopping – are you spending money that you saved during the year? Are you spending the money that you put in your holiday 2019 budget? Or, are you borrowing from 2020?
At Painless Financial Training Group – we updated our annual Holiday Survival Guide that includes a basic budget for holiday shopping. The concept of course, is that you are spending money intentionally at this time of year. The holidays can lead to spending money that has not been budgeted, so of course that money comes out of the funds that are available for the future.
January and February are bleak enough without the credit card hangover from December. So, consider that as you are giving your credit card a workout.