A recent survey by You Gov suggests that nearly one in three Britons will be pushed into debt as a result of Christmas spending, with of the 2,015 adults surveyed relying on credit cards to cover costs.
If you’re worried that Christmas is going to blow your budget take a few tips from Think Money’s recent press release ‘Tips for a cut-price Christmas and a frugal New Year’.
They advocate a prudent approach to celebrating Christmas with ideas on how to have fun – without breaking the bank.
As one of the UK’s leading financial solutions providers Think Money certainly have experience dealing with debt and are quick to point out that even the most stringent cuts may not be enough to help a serious debt problem.
Their website contains information on debt consolidation and debt solutions for unmanageable debt, but they recommend speaking to a debt adviser first to find the one that best suits your needs.
So if you want to start 2012 the way you intend to go on don’t get carried away by Christmas and, if necessary, speak to an expert about your finances.
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