Making sure a big holiday meal isn’t a big drain on your budget.
How much does it cost to give thanks? Last year, one survey found most people spend around $361 to host the fall holiday.
Online loan marketplace LendingTree surveyed 2,000 Americans on their Thanksgiving Day spending. One-third of those who host the holiday say it’s a “financial strain.”
Anytime you have an event that falls outside of your budget, it can bring financial challenges because often people don’t have free cash flow available to cover the added costs. As a result, these one-off expenses have a way of winding up on credit cards and costing more with interest added. But that’s just more debt to pay off – which can be tough if you’re already on a tight budget.
The information below can help you cut costs for Thanksgiving this year. If you’re struggling to stay ahead of debt, don’t wait until the end of the year to find the solution you need. Things are only going to get more expensive with the holidays. Call us at (844) 276-1544 or complete the form to request help from a certified credit counselor today.
