Spend Too Much on Christmas?
The holidays are over. January is here. I think you know what happens next. Yes, Groundhog Day is just around the corner, but I am referring to the credit card bills. Did you pay for your Christmas gifts with a credit card?
If you are like most people, you will be very surprised when you receive your bill. Unless, that is, you are in the very small percentage who created a budget for gifts and actually stuck to it.
Most of us fail to plan how much we are going to spend, but more importantly, where that money is going to come from. I have a simple process to determine how much you can spend.
Are you ready to hear it? Alright, here goes... \"If you cannot pay cash, then you cannot afford it.\" That\'s right; if you have not heard those words before, then you may really have to think about it for a second.
Don\'t have money for a new car? Then you cannot afford it. How about those shoes that are on sale, this weekend only? No cash? They can wait. How about that pizza? No cash? Then you cannot afford it. You should begin to notice a problem developing if you can\'t afford pizza. Somewhere along the line, you either forgot to plan, or just did not care.
Stay on track this year. If you have not developed a budget, then start today. I have a very easy to use, free copy on our website. You can download it through the Free Resources section of our website found below.
Make this the year that you develop a plan and follow it.
To avoid going further into debt in the future, there are a few steps you must follow. The first is to stop borrowing money. You simply cannot get out of debt if you keep using it as a tool.
Some of the other key steps include developing a plan (budget or spending plan) attacking your debt via the debt-snowball method, praying about your situation (it does indeed work) and setting up an accountability partner to help further goals.
Justin Lukasavige is a Personal & Business Coach and owner of Lukas Coaching. Visit http://www.lukascoaching.com/resources.htm for a ton of free tools to help you improve your health, finances, business, career & life!
For more free columns and articles, visit http://www.lukascoaching.com/articles.htm
Managing Merriness - How Did You Spend Christmas?
Children aren't the only ones who have a hard time waiting for Christmas. For retailers everywhere, it's the most important time of year - the time wh...
Electronics - The Best Gift This Christmas
Finding the ideal Christmas gift for your loved one can be an intimidating experience. Everyone wants to get something that their close ones will cher...
Brits To Spend Big This Christmas
Britons are set to spend almost 12 billion pounds on Christmas presents this year, newly-published figures reveal.Research conducted by Halifax sugges...
Consumers Are ‘Not Ready To Tighten Purse Strings’
Britons are set to spend an increasing amount of money this Christmas, new data shows.In research conducted by Mintel, retail sales in the approach to...
Holiday Spending - Did You Survive Black Friday?
The holiday spending season is here - and it is in full swing. Did you survive Black Friday and Cyber Monday? Did your holiday budget survive? If y...
Spending Less Money This Christmas
Thrifty living is not cheap living. It is living with the money you make. Christmas time is often a time we tend to splurge, take out the credit cards...
Chocolate - A Sweet Gift For Every Occasion
Receiving a box of chocolate is always a lovely surprise that brightens our day. It brings a unique dimension to any Thank you or I love you message t...
Top 5 Tips on Easing the Financial Hangover
After Christmas and New Year celebrations have finished many of us find that we are left feeling tired, drained of energy, and worse still drained of ...
Chocolate Candy Is Just An Amazing Gift
Chocolate candy is a fantastic gift to give someone you care about for their birthday, or mothers day, in fact chocolate candy will also make a great ...
Consumers Should Avoid Being A Turkey This Christmas
Britons are being urged to take the time to consider their spending carefully during the upcoming festive period, it has emerged.Pointing towards rese...
Want To Pass Time With Entertainment
Every holiday get-together is an unforgettable thing these days to everyone it seems like, so here are some ideas for the occasion. If you're planning...
Free Satellite TV - PC Satellite TV
Free satellite TV is a service over 30 000 people in the USA alone search for every month.Satellite TV for pc is the solution! This is on of the hotte...
Buy Cheap MP3 Players for the Holidays
You can get a great deal on cheap MP3 players for the holidays. You don't have to spend a fortune for a quality portable music player. This article f...
Mobile Phones and Free Gifts on the Eve of Christmas - Double the Joy
The festive season is back again - this time with more excitement, zest and vigour! No doubt, last year you enjoyed a lot during the Christmas season!...
Holiday Gift Food Baskets - What Do Your Clients Really Want?
The holidays are a time of high stress for almost everyone, your clients included. People are busy trying to do their jobs at work, and thinking abou...