Holiday spending always gets the best of me. The gifts, the food, the Christmas tree and decorations sandwiched between two monthly rent payments siphon money from my bank account. Every year I feel the sticker shock, briefly tuck my tail between my legs, then carry on like it never happened.
Lauren Schwahn
Holiday spending always gets the best of me. The gifts, the food, the Christmas tree and decorations sandwiched between two monthly rent payments siphon money from my bank account. Every year I feel the sticker shock, briefly tuck my tail between my legs, then carry on like it never happened.
But this year I’m trying something different. I’m committing to a no-spend January. That means I’m freezing spending on unnecessary purchases this month to build my savings back up. Goodbye, mindless Target-app browsing. See you later, desserts.
I’m not the only one to emerge from the holiday season in less-than-ideal financial shape. More than half of 2019 holiday shoppers (55%) took on credit card debt, according to NerdWallet’s 2020 Holiday Shopping Report.
NerdWallet
Holiday spending always gets the best of me. The gifts, the food, the Christmas tree and decorations sandwiched between two monthly rent payments siphon money from my bank account. Every year I feel the sticker shock, briefly tuck my tail between my legs, then carry on like it never happened.
But this year I’m trying something different. I’m committing to a no-spend January. That means I’m freezing spending on unnecessary purchases this month to build my savings back up. Goodbye, mindless Target-app browsing. See you later, desserts.
I’m not the only one to emerge from the holiday season in less-than-ideal financial shape. More than half of 2019 holiday shoppers (55 percent) took on credit card debt, according to NerdWallet’s 2020 Holiday Shopping Report.
How to Nail a No-Spend Month kxly.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kxly.com Daily Mail and Mail on Sunday newspapers.