Phil's Personal Finance Tip of the Day:
6 Ways to Celebrate a Debt-Free Christmas
From Dave Ramsey.com
Kelly Hancock now looks forward to Christmas without the guilt and overindulgence from debt
GUEST POST BY Kelly Hancock
When the bills came in from my first Christmas as a newlywed, I was shocked to discover that my husband and I had run up quite a tab. After avoiding debt for almost the entire year, we now faced a monthly payment for something I hadn’t even enjoyed.
Can you relate?
Make a Plan
Set up a gift-giving and holiday meal/party budget with a detailed list. Be sure to include family members, co-workers, teachers, babysitters and friends—anyone you feel is special in your life. Say your average gift price ranges from $15–25. When you plan ahead and shop throughout the year, you should be able to find special gifts when they’re on sale. That way you’re only spending one-third to one-half of the price. Plus, if you enter December with the bulk of your shopping list taken care of, a few late-minute additions or overlooked friends won't send your budget into a tailspin!
To read the entire article from Dave Ramsey.com:
http://www.daveramsey.com/christmas/blog/id/6-ways-to-celebrate-debt-free
Inspirational Quotes@Inspire_Us from Twitter:
If we did all the things we are capable of, we would literally astound ourselves. -Thomas Edison
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