Each year, when the holidays roll around, it's always tempting to spend more money than we actually have. We get swept up in the excitement of the season -- and the buying and the giving -- and we lose track of what we're doing. And that is exactly when those high-interest credit cards start to wink and smile at us. And the next thing you know, you end up with a major financial headache in the new year.
But the spirit of giving should never result in financial anxiety. So, I reached out to my dear friend Suze Orman, the smartest woman about money I know! And I asked her for some simple tips and ideas to keep us all from going over that financial gift cliff during the holidays!
Her advice, as always, was great. There are so many ways that you can make this holiday a financially enjoyable one, not only for you, but for all of your friends as well. Just keep these eight ideas in mind.
And Happy Holidays, everyone, from Suze Orman and me!