Many Americans woke up Friday morning before the sun was up, got in line at a retailer, and when the doors flew open grabbed everything they wanted and paid for it with money they did not have. I personally know people who have financial troubles but somehow found $500 or $1k to buy Christmas gifts. If you have to take out debt to buy Christmas presents, what is the point? You are creating a bigger hole for you to big yourself out of and this stuff is not even for you! You are just going to give it away! If this is you, WAKE UP! You are under no obligation to buy gifts for anyone. If a friend or family member gives you a hard time about you not giving them a gift, then they are not truly a friend OR family to you. If someone really cares about you, they will not let you do something so detrimental to your well-being.
Remember, spend only what you have, not what you want to spend. If you have any debt, give yourself the greatest Christmas present of all and pay down you debt.
