Future Planning

7 Ways to Rein In Holiday Spending

With a little planning and restraint, you can enjoy the holidays without blowing your budget.
7 Ways to Rein In Holiday Spending
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Anne Johnson
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You probably don’t want to start the new year with a big credit card bill. Pacing yourself during the holiday season is a great way to keep sticker shock down.

With a large shopping list and entertainment to plan, costs can skyrocket quickly. But with some planning and self-control, you can enter the new year at or under budget. Here are seven ways to rein in your holiday spending.

1) Avoid Retail Marketing

According to the National Retail Federation, its annual holiday forecast predicts spending to be between $1.01 trillion and $1.02 trillion. Last year’s spending was $976.1 billion.
Anne Johnson
Anne Johnson
Author
Anne Johnson was a commercial property and casualty insurance agent for nine years. She was also licensed in health and life insurance. She went on to own an advertising agency, where she worked with businesses. She has been writing about personal finance for 10 years.