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Its better to avoid going into debt whenever possible.
The Drawbacks of Holiday Debt
Neuenschwander explained the ways debt can harm ones life.
Too much debt or missed debt payments can also impact your credit rating.
He noted that debt can cause stress, as well.
Its hard to avoid feeling anxious when you know you owe a lot of money, he explained.
Sixty-five percent of respondents said that they would.
For Neuenschwander, an AI holiday gift recommendation isnt a reason to go over budget.
Neuenschwander advised forming a holiday spending plan.
Dont forget to include yourself in that gift list!
Then, stick to that plan.
Offer to watch the kids for a night while your friends enjoy a date night, he wrote.
Gestures like that can be worth much more than material items!
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