DEBTSMART VIDEO LIBRARY: 5 Ways to Avoid Holiday Debt
Between Thanksgiving and Christmas, people are going to spend $121.4 billion using their credit cards!
The key is not to let this debt stick. Don't allow yourself to get buried by that debt or spend the next year paying off the purchases from this holiday season.
How are you going to pay for the gifts?
Credit cards of course! I'm sure many people are going to criticize me for even suggesting such an idea.
I can hear it now, "Scott, are you crazy? Don't use your credit cards, USE CASH! I thought you were the anti-credit-card guy?"
Credit: Scott Bilker, creator of DebtSmart.com
Copyright: Scott Bilker
Published by Scott Bilker
Scott Bilker is the founder of DebtSmart.com, and author of many best-selling financial books including, "Talk Your Way Out of Credit Card Debt." Money magazine calls him, The King of Extreme Credit, and Sma... View profile
4 Comments
Post a CommentOK, counting on the American people to plan such things to the great detail he indicates is a little naive. Of course, it's a great idea if they actually go through with that successfully....
Don't traditional dept. stores charge a lot more for products because they depend upon inducing people to use their store's cards for them? Otherwise, such products wouldn't sell well at store prices in the "real" world with Wally World and online vendors competing: Often, this is true even including the "big" discounts he mentions. In reality, I believe this is how Montgomery Ward, CompUSA and Circuit City failed. Such stores can't easily maintain this biz model....
mario is a tool
mexico
HERE I,M ON FRIDAY DECEMBER 8 1830EST
GREETINGS TO THOSE WHO HAVEN SEE THIS GREAT VIDEO ACCORDING TO GOD OUR CREATOR WHO SUPPLY KNOWLEDGE TO OUR BROTHER TO HELP SOME ONE ELSE
CREDIT CARDS AGAINS GOD FOR MAN KIND ON EARTH PRAISE JESUS SCOTT GOD BLESSED YOU