10 Tips For Dealing With Holiday Debt, Part 2

MoneyTips

Holiday Debt On the Increase

Are your credit cards still smoking from holiday overuse? Based on a recent MagnifyMoney survey, it wouldn’t be surprising.

Consumers who financed their holiday spending averaged $1,230 in holiday spending debt – a sharp increase from 2017’s $1,054 average and 2016’s $1,003 average. Increases in wages and consumer confidence are at least partly to blame. Did a personal increase in wages and confidence lead you into a mountain of holiday debt?

We’ve given previous tips on dealing with excessive holiday debt. You’ve got more debt – so we’ve got five more tips, for a total of 10.

6. Slice Your Budget Further

To pay off holiday debt, you can’t settle for paying o…

MoneyTipsHoliday Debt On the Increase
Are your credit cards still smoking from holiday overuse? Based on a recent MagnifyMoney survey, it wouldn’t be surprising.

Consumers who financed their holiday spending averaged $1,230 in holiday spending debt – a sharp increase from 2017’s $1,054 average and 2016’s $1,003 average. Increases in wages and consumer confidence are at least partly to blame. Did a personal increase in wages and confidence lead you into a mountain of holiday debt?

We’ve given previous tips on dealing with excessive holiday debt. You’ve got more debt – so we’ve got five more tips, for a total of 10.

6. Slice Your Budget Further

To pay off holiday debt, you can’t settle for paying o… […]Read More

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