Financial Literacy for Everyone
Follow Us
FacebookTwitterYouTube
For Broadcasters

Sign up for our weekly email and learn how you can play Jason Alderman's weekly Practical Money Matters on your station. Learn more

Subscribe
Summit 2014

Watch the 2014 Financial Literacy Summit
The 8th annual event addressed financial literacy needs of the unbanked and underbanked.
View video

PMM articles

Practical Money Matters
Disputing a credit card charge? Graduating? Leasing a car? Learn important tips from our weekly article series.
Read now

social media

Connect with us!
For daily money tips, quips and pics, follow us on social media.
Like us on Facebook
Follow us on Twitter

Practical Money Matters Radio Series

November 21, 2011
Avoid a Holiday Spending Hangover


Before you hit the stores this holiday season, find out a few ways to adjust your budget and your habits so you don't overspend.

Transcript

Many people dread the holidays because it's a tough time to control expenses and stick to a budget. Here are a few tips to keep from overspending:

Spend no more than 1 to 2 percent of your total annual income on holiday-related expenses–even less if you have other outstanding debts. Create a micro-budget for each person on your gift list. Knowing how much you plan to spend on each person will help ensure you stay on budget. And look for areas to scale back. For example, hold gift lotteries so everyone buys fewer–but nicer–gifts.

Bottom line: Go into the holidays knowing how much you can really afford to spend.


Related Articles

Email to a friend

Your Name:
Your Email:
Recipient's Email:
Message:
Enter code:


The information that you provide through this e-mail feature will not be stored by Visa for any other purposes. Please refer to Visa's privacy policy for details.