According to a recent Gallup poll, U.S. shoppers plan to spend an average of $752 on Christmas presents this year. That’s down seven percent from last year. This is good news for retailers, but for many families on a paycheck-to-paycheck budget, it means either stretching the pocketbook or taking out a loan to get the money needed to pay for the most expensive holiday of the year. If you find yourself on the wrong side of your next paycheck, we can help you get started as you look for a Christmas loan advance in 2018.
It’s hard enough to fight debt when you’re only buying necessities for yourself, but when Christmas rolls around, you’re compelled to spend money on friends and family. If you aren’t careful, you can quickly take on an overwhelming amount of debt. Resist the temptation to spend more than you should. A little voice inside your head might try to convince you that it’s okay to spend a lot if it’s for someone else. But that’s just not true. We recommend that you shop within your means. We understand how hard this can be at Christmastime, especially when you have kids. Just try your best.
Some people use a cash advance like it’s free money. It’s not. It’s your next paycheck, early. The money, combined with whatever savings you have, will need to last you all the way until your next paycheck. That could be nearly a month away.
Almost every finance blog on the Internet is going to have an article about the hottest Christmas gifts. What you should know is that most of these blogs are getting paid to sell you the items they recommend. Certain stores pay bloggers more than others, which is why these articles will often recommend you purchase the gifts from a particular retailer. If you blindly follow their links, you’ll likely end up paying more because of this arrangement. That’s why we recommend shopping around and finding the best deal. Don’t trust any store to have the lowest prices on everything. You’ll save more if you shop around.
You can get great gifts this Christmas without spending a lot. Whether you plan to get a Christmas payday advance loan or not, these presents won't break the bank:
Shopping without a calculator is dangerous. Figure out how much you’ll be able to spend on Christmas this year, and then keep an eye on the total amount spent so far.
If you relied too much on credit this year, now’s the perfect time to plan out a new budget. It can be your New Year’s resolution. Here’s a list of five tricks that can help you get your bank account back on track:
Take it one step at a time. You won’t revamp your budget overnight. But bit by bit you will be able to fix your finances. If you make another mistake, don’t beat yourself up about it. Get back on that horse and try again. We hope you have a great Christmas this year. Please shop smart and be safe. Happy holidays from OpenCashAdvance.