reposted from a PLR article
There are ways that you can avoid debt at Christmas.
1. Open up a 'Christmas Fund'. First of all, draw up your personal budget - list all your outgoings, from your mortgage/rent to insurance to petrol costs, including food, clothing, savings etc. This will show you exactly how much money you have left over each month. Put aside a percentage of this into a high interest instant access account and call this your 'Christmas Fund'. Whether you are the type of person who buys presents throughout the year or at the last minute, only buy if you have the money sitting there in the account Plus, you'll have more to spend as you will be earning interest on your savings!
2. In the shops you will see lots of special offers for credit - for example: 'Buy Now, Pay June!' - don't be tempted unless you already have the money there and you are strong willed enough to leave it in your account until payment is due
3. When buying presents, try not to shop in November or December - this is the time that shops actually over-inflate their prices! Buy during the sales throughout the year. Also, look out for supermarket and shopping catalogue Christmas Savings Schemes.
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