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

Peru authorities order arrest of two suspects in Vancouver Island man’s killing

Peru’s attorney general has ordered the arrest of two suspects in the… Continue reading

UPDATED: Comox Valley man killed in Peru

A Canadian man killed in Peru has been identified by the Peruvian… Continue reading

Big Read: locked out of the woods

Vancouver Islanders struggle to balance back country public access with private land protection

Celebrate Youth Week at The LINC

Special week features hockey tourney, skate jam

Toronto van attack suspect faces 10 counts of first-degree murder

The suspect in the Toronto van attack that killed 10 people and injured 15 others on Monday is a 25-year-old man named Alek Minassian

Doctor sees healing power in psychedelic plant as Peru investigates death of B.C. man

Peru’s attorney general has ordered the arrest of two suspects in the killing of 41-year-old Sebastian Woodroffe

Toronto police officer ‘gave himself the space and time’ in van attack

Footage shows officer standing up, turning off his siren and talking clearly to the suspect

$1.18 to $1.58 a litre: Are you paying the most for gas in B.C.?

Gas prices across B.C. vary, with lowest in Vernon and highest in – you guessed it – Metro Vancouver

Inquest set 10 years after B.C. woman shot, left to die

Lisa Dudley, and her partner, Guthrie McKay were shot in their Mission home in September 2008

B.C. hockey team to retire Humboldt Bronco victim’s number

BCHL’s Surrey Eagles to retire Jaxon Joseph’s No. 10 in light of bus tragedy

B.C. Hells Angels invited to rally by anti-SOGI organizer

The Culture Guard group has helped Hells Angels in the past, said its executive director.

B.C. bill aims to keep Indigenous kids in communities, out of care

Changes to Child, Family and Community Service Act could connect MCFD, Indigenous communities

Condo contract rules target B.C. property flippers

Regulations to prevent property transfer tax evasion

Most Read