How to Avoid Overspending on Your Credit Card During Holidays


Springfield - Whether it's buying toys for the children, or something sweet for your sweetheart, people will spend big bucks to make sure their families are happy this holiday season.

Sometimes that means spending more than you may have wanted.

"If you don't have the money to buy something you probably shouldn't buy it is usually a good rule of thumb to have," said Tim Welch.

Welch works for Bank of Springfield and said that there's some simple things you can do to avoid burning through your money this year.

"You can sign up for a holiday club savings account which will allow them to save weekly or monthly for an entire year leading up to Christmas, so that when Christmas comes, they're not caught blindsided and they have a nest egg of money to use.  Even just $5 a week, $10 a week, you would have just over $500 to spend on Christmas, and that's a pretty nice Christmas for most families," added Welch.

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