KEEP EACH OTHER INFORMED

A TIP FOR MANAGING YOUR SPENDING AT THE HOLIDAYS

Keep each other fully informed of your spending as you go through this season. This can be done by making agreements in advance, or by updating one another on a regular basis. Keeping your partner informed about your spending does not necessarily equate to getting their permission. Some couples prefer to split up the list of persons they buy gifts for. It's easy to let certain spending behaviors slip through the cracks when using credit cards and the Internet for purchases. The most important thing is to keep talking about what you are spending.

Decide Together

A TIP FOR MANAGING YOUR SPENDING AT THE HOLIDAYS

Make a mutual decision about spending limits. Every family has limited resources when it comes to holiday spending. By making a mutual decision on spending limits, you will avoid conflicts in your relationship and minimize the post holiday hangover from excessive credit debt.