Avoiding a Christmas debt hangover

As Christmas approaches, it is so easy to feel pressured into spending more and more “because it’s Christmas”.

Guernsey Citizens Advice, are helping people avoid a Christmas debt hangover by sharing their top tips to keeping your festive finances in check.


Here are their top tips:

*Be realistic about what you can afford.

*Work out how much you are going to spend on each person - and stick to it.

*Try shopping just with cash and not using your debit card.

*Don't just run up an overdraft without talking to your bank - this will be much more expensive than if you arrange it beforehand.

*If you do need to use credit, shop around for the lowest rate.

*If you do get into difficulties, get advice as soon as you can from your local CAB.

Only one piece of advice needed, IE Don't spend money that you don't have. Simple.

I think if people ignored the hype (spread around by shops desperate to diversify your hard earned into their tills) and thought for a moment what the CHRIST bit of Christmas is representing then the problem would be solved!!!!

Why do people keep bringing religion into Christmas!(and Easter)