Experts advise Christmas shoppers to avoid debt
SPRINGFIELD, Ill. (WICS) —
The holidays are usually a prime time for the local economy with people spending money on gifts and decorations.
Financial experts are warning to not get yourself in debt with your Christmas shopping.
Newschannel 20 reached out to a financial adviser and got some advice.
First and foremost, people are encouraged to have a holiday spending plan and a budget.
Once a budget is down on paper, experts said to break it down into categories including gifts, travel expenses, and food.
People are encouraged to always have a way to pay back credit cards used for holiday shopping.