I don’t want to come off sounding like Scrooge, but I’ve made a vow to myself to make debt management a top priority this holiday season. My first step is to not charge a single gift to a credit card. I’ve been through too many Christmas spending sprees that end in a horrible January hangover, when I wake up face down in the carpet, surrounded by bills.
This year, everything will be paid for in cash, whether in the good old cold form or electronically.
An effective debt management plan is my gift to the family.
This year’s going to be different.