Tips for Holiday Spending

— Written By
en Español / em Português

El inglés es el idioma de control de esta página. En la medida en que haya algún conflicto entre la traducción al inglés y la traducción, el inglés prevalece.

Al hacer clic en el enlace de traducción se activa un servicio de traducción gratuito para convertir la página al español. Al igual que con cualquier traducción por Internet, la conversión no es sensible al contexto y puede que no traduzca el texto en su significado original. NC State Extension no garantiza la exactitud del texto traducido. Por favor, tenga en cuenta que algunas aplicaciones y/o servicios pueden no funcionar como se espera cuando se traducen.


Inglês é o idioma de controle desta página. Na medida que haja algum conflito entre o texto original em Inglês e a tradução, o Inglês prevalece.

Ao clicar no link de tradução, um serviço gratuito de tradução será ativado para converter a página para o Português. Como em qualquer tradução pela internet, a conversão não é sensivel ao contexto e pode não ocorrer a tradução para o significado orginal. O serviço de Extensão da Carolina do Norte (NC State Extension) não garante a exatidão do texto traduzido. Por favor, observe que algumas funções ou serviços podem não funcionar como esperado após a tradução.


English is the controlling language of this page. To the extent there is any conflict between the English text and the translation, English controls.

Clicking on the translation link activates a free translation service to convert the page to Spanish. As with any Internet translation, the conversion is not context-sensitive and may not translate the text to its original meaning. NC State Extension does not guarantee the accuracy of the translated text. Please note that some applications and/or services may not function as expected when translated.

Collapse ▲

Avoiding Holiday Debt

Holiday gifts, travel, and celebrations can lead to major debt long after the holidays, but taking steps to plan before the holidays can help ensure you don’t start the New Year off on the wrong foot. To be prepared, it’s important to have a holiday spending plan before you start shopping. Budgeting can help you take control, even when the pressure to spend is everywhere.

Debt accumulated during the holidays can stick around, well into the New Year. Image of moneyAmericans spend an average of $1,054 during the holidays. Only half plan to pay it off in 3 months or less. Of the remaining half, 29% said they will need 5 months or more. To avoid holiday debt, here are a few smart shopping and saving tips.

  • Create a Holiday Budget. Figure out how much you can afford to spend this holiday season. Consider what flexible spending, (eating out, movies, etc…) you can cut for now to put toward holiday spending.
  • Make your List. Create a list of all the people you will need to buy gifts for this year and choose an amount to spend on each person ahead of time.
  • Choose Thoughtful Gifts. Spending a lot on holiday gifts isn’t necessary. Take some time to consider your gift-giving, personal gifts tend to mean more and can be less expensive.
  • Use Cash, Not Credit. Try to commit to using only cash or a debit card to help prevent overspending.

Tips for Holiday Spending

For more financial planning information or to schedule a free money management workshop for your community, civic group, or church on topics such as; creating a spending plan and saving money on grocery shopping, check out:

Smart Money Moves Series

For more information, contact us at (252) 459-9810 or email