What went wrong? Put your mind on rewind and go back a few months. How come you spent so much? Did you run out of cash before you got to the end of your list, so you started charging? Did you feel pressured to make sure the kids weren’t disappointed? Perhaps you didn’t anticipate expenses beyond buying gifts—things like extra food for entertaining, tickets to the pageant, travel to your in-laws’ ... and on it goes.
Take a deep breath and write down the amount you overspent. Don’t hide, just face up to it and decide right now that you will do what you must to repay it.
