News 12 at 6, December 30, 2008
AUGUSTA---The year is coming to an end and that means it's time to face the music when it comes to some of your finances.
For some folks, holiday debt is inevitable. You get caught up in the spirit and you buy, buy, buy. But sometimes by doing that, you rack up some extra bills.
So what do you do?
First face reality. You've spent it and now you've got to pay it back.
Consumer Credit Counseling says make a budget.
Then figure out how much you can pay towards that debt and make it a priority.
And lastly, make paying off that debt a priority. But don't feel too bad. Consumer Credit Counseling says you're certainly not alone.
"Most of the time clients just had never totaled up their debt. So they didn't know they had gone overboard." said Cindy Tesch of Consumer Credit Counseling.
You may also consider starting to put aside some money now to get a head start on Christmas shopping for next year.