With 100 days before Christmas, it’s time to start planning!
September 16th marks the official start of the winter holiday shopping season. It may seem too early to start thinking about gift lists and holiday plans, but starting a holiday spending plan this early is the best way to avoid a holiday debt hangover in the New Year. And with prices on everything from food to gas to everyday items rising in 2022, that’s more important than ever.
“The winter holidays are the most expensive time of year for most families,” explains April Lewis-Parks, Education Director for Consolidated Credit. “So in a year where prices are rising, it’s essential that people set a budget early and spend carefully throughout the holiday season to avoid serious challenges with credit card debt.”