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...
from MoneyTips https://www.moneytips.com/10-tips-for-dealing-with-holiday-debt-part-2
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