'Tis The Season To Be Budgeting
Last year, Canadians spent 42 billion dollars on gifts, food and holiday celebrations. As many across the country are still reeling from the current economic downturn, planning ahead will be crucial to reducing unnecessary spending and avoiding the dreaded and overwhelming January drop of credit card bills. Developing (and sticking to) a comprehensive holiday budget and doing your best to pay for expenses with cash as opposed to credit will keep you on track for a restful, stress-free holiday season with a strong financial New Year ahead of you!
MNP Ltd.’s Trustee Donna Carson was included in a Money Mentors Podcast to discuss consumer holiday budgets and spending. The original podcast was originally posted online at Money Mentors on October 25, 2016.