Top 5 Personal Finance Experts on How To Save Money This Holiday Season

BudgetBakers
BudgetBakers
Published in
2 min readDec 3, 2017

--

It’s that time of the year again and the holidays are almost around the corner. While we prepare ourselves for the joy and celebrations of the holidays, we also have to prepare our finances to get through this season unscathed.

Holidays are the time that most of us overspend. There is the pressure to visit family, give gifts, decorate your home and so on. A study conducted by Nerdwallet which analysed spending and behaviour trends of more than 2000 Americans found that 56% of those who shopped last year had incurred credit card debt. And, of them nearly a quarter of them are yet to pay this debt off.

Almost 74% of those who travelled during the holidays were found to have returned to more than $1100 of debt, according to another 2017 survey. So how do we then keep a tab on such holiday expenses and save money despite these pressures and temptations?

We decided to get help from the best in the business. So here are top 5 saving tips for this holiday season from top 5 personal finance experts.

Read what experts like Andrew Schrage, Sean Bryant, Jessica Moorhouse, Esther Goh and Yasmin Ghahremani have to say about saving for the holidays on the BudgetBakers blog.

Follow BudgetBakers on Facebook, Twitter, Linkedin and Instagram to get more updates from us.

Originally published at Wallet by BudgetBakers.

--

--

We create solutions that help people save money and lead a richer life. Makers of Wallet.