Retail

How to avoid overspending this holiday

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It’s no secret most people overindulge during the holidays.

Aside from feasting on holiday treats, nearly two-thirds of adults said they have felt pressure to overspend this time of year, according to a recent survey by Bankrate.com.

With that comes a heavy toll. Roughly two-thirds of Americans also said that holiday expenses negatively affect their finances and cause stress, according to a separate survey by Experian, which polled more than1,100 shoppers.

Debt you can’t repay will certainly bring down one’s holiday spirit.

Rod Griffin

director of consumer education at Experian

“Debt you can’t repay will certainly bring down one’s holiday spirit,” Rod Griffin, Experian’s director of consumer…



Source cnbc.com

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