Dave Ramsey's Holiday Spending

Brian and I were just recently discussing what our Christmas budget would look like this year. How much do we spend on everybody? How do you make it really special for your kids, without neglecting your extended family & friends? Think about this too long and you'll get a headache.


I just heard Dave Ramsey speak about holiday spending on the news. Here's a few of his points:

-TREAT CREDIT CARDS LIKE THE GRINCH!

-Last year, the avg. holiday credit user put $626 on credit cards

-It takes an avg. of 6 months to pay off holiday debt

-17% of shoppers charged $1000 or more

Talk about stress! Dave says if you can't afford the holiday gifts you want, too bad. Get creative and come up with cheaper alternatives.

That's great advice until we actually start shopping, right????

Dave's Bottom line: Christmas can't be on credit!