Avoid Holiday Debt

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5 Ways to avoid holiday debt

Rounding it up

  • Turns out you can shower your friends and family with gifts sans stacking up debt. Start by creating your budget early and saving accordingly.

  • Next, make a shopping list so you’re less likely to buy things you don’t need, and monitor your spending.

  • Use a prepaid credit card so you can only spend a preloaded amount. Some cards offer cash back, so take advantage of those.

  • Consider hand-made gifts — both the recipients and your wallet will appreciate them.

5 min read

Gaby Pilson
#budgeting#saving#shopping#cash back

Gaby Pilson

Gaby Pilson is a writer, educator, travel guide, and lover of all things personal finance. She’s passionate about helping people feel empowered to take control of their financial lives by making investing, budgeting, and money-saving resources accessible to everyone.

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The KOHO Visa* Prepaid card is issued by Peoples Trust Company pursuant to license by Visa Int. *Trademark of Visa Int., used under license. **These services are provided by Service Providers, including Visa, Peoples Trust Company and Galileo Processing. Learn more about your finances with Visa Practical Money Skills.