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

North Delta librarian retiring after 24 years in the community

Frances Thompson looks back on the changes she’s seen during her time at the George Mackie Library

Surrey’s Maho Harada settles for silver at B.C. Games

Harada loses the gold to Emily Sales in the pre-novice women’s figure skating

PHOTOS: Coldest Night of the Year raises $67,000 for homeless prevention

White Rock/South Surrey community gathers to support common goal

Reach Society officially opens new child centre in Delta

The Lois Jackson Kinsmen Centre has the capacity to help more than 2,000 children with special needs

Delta museum building reopens as community police station

The historic Ladner building has gone back to its roots after two years of renovation

The 2018 B.C. Games wrap up in Kamloops

The B.C. Winter Games comes to a close after a weekend of fun and excitment

Naval ship spills 30,000 litres of fuel in the Strait of Georgia

HMCS Calgary spilled fuel east of Nanaimo and Parksville on Saturday

B.C. boosts support for former youth in government care

More support coming for rent, child care and health care while they go back to school

Concert-goers unfazed by Hedley sexual misconduct allegations

Frontman Jacob Hoggard thanked fans from the ‘bottom of our hearts’ at Halifax’s Scotiabank Centre

Control, agility and grace take gymnastics stage at the B.C. Games

Athletes often made the sport seem effortless during the Kamloops 2018 B.C. Winter Games

Original B.C. Games participant-turned-sensei officiating 39 years later

Langley judo sensei was a competitor at the inaugural B.C. Winter Games 40 years ago

Snowfall warning, travel advisory in effect for Coquihalla

Coquihalla Highway between Hope and Merritt to receive 10 to 20 cm of snow Sunday

Police watchdog probes B.C. man’s taser death in alleged parental child abduction

Independent Investigations Office called in after one male dies

PHOTOS: Harnessing diverse abilities on the court at the B.C. Games

Basketball is one of two Special Olympics events at the B.C. Winter Games in Kamloops

Most Read