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holiday spending surge raises concerns over credit card debt management

As the holiday season approaches, 28% of credit card users are still grappling with last year's debt, highlighting the financial strain of gift-giving and travel. With spending expected to reach nearly $1 trillion, experts advise setting budgets, tracking expenses, and starting shopping early to avoid accumulating new debt. Creative alternatives to traditional gifts, such as homemade items or shared family funds, can also help manage costs effectively.
CNBC
United States Dollar Macy's, Inc. Deloitte USA Howard Dvorkin Candy Valentino Sara Rathner Show more
Finance & Economy, News Article
20:05 21.10.2024
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