Give The Gift Of New Financial Goals

: Chris Lee Law Firm

  Filed under: Debt

debt reliefThe holidays are just around the corner and we all are hoping to provide our families with great gifts at an affordable price. As one of the most expensive holidays of the year, many families over extend themselves at Christmas. However, there is no reason we have to get further into credit card debt this holiday season. Following a few simple tricks can keep us financially healthy as we go into a new year.

The Gift That Keeps On Giving

Before you think about charging those gifts on your credit card this year, consider paying in cash or using old gift cards to purchase your gifts. Many of us have extra cash laying around that we don’t even think about using when it comes to buying gifts. Use spare change or that gift card from last year to fund some of your purchases.

If you don’t have expendable cash this year, consider revising your budget to accommodate holiday purchases. Take a temporary break from your debt reduction plan by paying only minimum balances for the month of December. Use that extra money to buy your gifts in cash. However, remember to return to your debt management plan right after the holidays are over.

For families that don’t have debt management plans or are struggling to make their debt payments, consider purchasing them a gift certificate to a credit counseling agency. These companies offer great tools and resources to teach the skills needed to stick to a budget and get out of debt. The best gift you can give your family is the gift of staying out of debt or getting on the path to financial freedom.



Are you a candidate for bankruptcy?
Would you like to find out if bankruptcy is the right option for you? Try our Free Online Bankruptcy Evaluation. 4 easy steps to see if bankruptcy could be the right option for you!
  • Step 1
  • Step 2
  • Step 3
  • Step 4
Please Select Each Box That Applies To You
Creditor Harassment
Loss of Income
Disability or Illness
Current Expenses
Auto Loans
Credit Cards
Medical Bills
Payday Loans
Do you have any additional information you would like to share?
Contact Information