As you do your Christmas shopping, beware of those credit cards.
According to the National Retail Federation, out of the $19 million that will be spent on gifts, 30 percent will go on credit cards. So how can you stay out of credit card debt?
First, set a realistic budget. Also, don’t be afraid to make homemade gifts. And if you can't afford the item when you buy it, don’t charge it.
Finally, after you have finished your shopping, divide the total by 12. Then save that amount each month next year.