VIDEO: 3 ways to reduce credit card debt this holiday season

Finance experts offer tips on sticking to that budget this holiday season

1. Create and follow a holiday budget

Avoid making hasty decisions you’ll regret come January. You don’t need to buy a gift for everyone in your life. There are lots of fun holiday activities you can do without spending.

2. Stop credit card debt from snowballing

Avoid building bad credit, take out a personal loan to consolidate your debt. Personal loans are available at lower rates than payday loans, and they can help you stay on track financially during the holidays.

3. Ask Santa for things you need, not things you want

When people ask you what you want this holiday season, suggest items that you actually need. This will help you save money on essentials in the new year.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Rampage up against the wall

River Kings defeat Rampage in Game 1 of CIHL best-of three semi-finals

Wet’suwet’en pipeline supporters speak up

“Protesters get one side of the story and they stand up with their fists in the air.”

Rainmakers take on defending champs in opening round of Jr. Boys Basketball championships

Prince Rupert basketball club to take on province’s best in Langley on Saturday

We stand with the Wet’suwet’en First Nation

Blockades, demonstrations do not represent the majority, grievances hijacked by special interest groups

Confusion surrounds terms of RCMP withdrawal from pipeline construction area

B.C. Deputy Commissioner clarifies terms of agreement following minister’s statements

VIDEO: 2020 BC Winter Games wrap up in Fort St. John as torch passes to Maple Ridge

More than 1,000 athletes competed in the 2020 BC Winter Games

‘A long way to go’: UNBC hosts Moose Hide Campaign gathering on Feb. 24

The event is a part of a movement to stand up against violence inflicted on women and children

Still six cases of COVID-19 in B.C. despite reports of Air Canada passenger: ministry

Health ministry wouldn’t comment on specific flight routes

Violent ends to past Indigenous protests haunt Trudeau government

Trudeau adopted a more assertive tone Friday, insisting the barricade must come down

HIGHLIGHTS: Day one and two at the 2020 BC Winter Games

Athletes had sunny – but cold – weather to work with in Fort St. John

B.C. money laundering inquiry to begin amid hopes for answers, accountability

Eby argued that most B.C. residents already know the previous government, at best, turned a blind eye

Blockades remain in place as Wet’suwet’en hereditary chiefs returning to B.C.

Hereditary Chief Woos said they are ready to engage in nation-to-nation talks with the B.C.

Most Read