With the decline of the economy many people have been forced to change their spending habits. This may be particularly difficult for some during this holiday season.
However, if you are able to alter your behavior at this time of year, when it is most difficult, then it will be easier to maintain it throughout the year.

Prior to shopping for food, decorations, or gifts, identify your spending budget. Determine how much you can realistically spend in cash, without using any credit
cards. By using cash you will be significantly less tempted to spend money on items you cannot afford.

If your alloted holiday budget is less than you anticipated, it may be time to consider what can be reduced or eliminated. Can you buy different types of foods? Host
a potluck instead? Rather than purchasing every gift perhaps you can make some. A plate of homemade fudge or cookies is often a welcomed gift.

The holidays are often a stressful time for many people. There is the pressure of travel, family visits, shopping, and finances. This year, eliminate some of the stress by purchasing only what you can and are willing to afford. As you enter the New Year, you will thank yourself for having less stress about the incoming
bills.