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Christmas is Stressful Enough - Avoid Seasonal Debt

Everyone knows that Christmas can be stressful, and especially so from a financial point of view.  In the current tough times, many people may be worrying about finding the money to buy presents and go the extra mile with additional food and drink.  As a result, this can lead to Christmas debt problems which are still being paid off months into the New Year. 

It is always best to plan in advance a budget you can afford to spend, and stick to it.  There is no point getting into debt at Christmas and then struggling to pay it off for the rest of the year.  It is better to be realistic about what you can afford, and it will make for a much more enjoyable Christmas!

However, if you do find yourself with a debt you can't manage, it's much better to acknowledge the problem and talk to a debt adviser, who can offer impartial advice to reduce the debt and get your financial situation back under control.