Q: It seems that the holidays sneak up on me every year and I find myself struggling to afford gifts and visits with family and friends. So I charge these expenses and then end up making payments well into the next year. There’s got to be a better way!
A: It does often seem like we blink and another year has already gone by. The key to managing holiday spending is to treat it as you would any other financial goal: Plan, budget and save. Financially happy holidays are a year-long endeavor.