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.

Just Posted

Reported gunfire in Surrey Friday night

Surrey RCMP were on scene in Newton

Russell Bidesi found guilty of second-degree murder in Surrey shooting

Bidesi was charged with shooting 28-year-old Bradley McPherson in 2011

Freezing temperatures expected in Lower Mainland

Snowfall warning ends, but surge or icy air to continue

Surrey schools saw doubling of international students from 2010 to 2017

‘We have one of the largest elementary fee-paying programs in B.C. and Canada and it continues to grow.’

VIDEO: Major construction projects in White Rock

Parkade development now underway on waterfront

How to keep local news visible in your Facebook feed

Facebook has changed the news feed to emphasize personal connections. You might see less news.

Arts Club to bring ‘The Piano Teacher,’ ‘Blind Date’ and ‘Circle Game’ to Surrey next season

Theatre company’s new White Rock-raised artistic director detailed coming plays on Monday

B.C. VIEWS: Subsidy supercluster settles in B.C.

Ottawa, Victoria add to their overlapping ‘innovation’ budgets

OLYMPIC ROUNDUP: Canada’s first ever men’s ski slopestyle medal

Men’s hockey team beats South Korea and women’s curling reverses losing streak

Canada’s Beaulieu-Marchand wins bronze in Olympic slopestyle

The skier from Quebec City scored 92.40 on his second run

Russian athlete suspected of doping at PyeongChang Olympics

The case could be an obstacle to Russia’s efforts to have the Russian team formally reinstated

Vancouver Giants fall with only 10 second left against Victoria

A Langley hockey team dropped a 4-3 game on the Island, before returing home to play Red Deer today.

Most Read