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Beware of Christmasspenditis

The retail industry uses the emotions of the yuletide season to encourage the consumer to spend during the holidays. While this is good for the retail sector and the Barbados economy how does it affect your own financial health in 2014? Here are a couple of questions to ask yourself before you get lost in the emotion of the season. · Have you prioritized your spending · Have you crystallized your goals and thought about our spending (needs versus wants) and developed a written budget · Have you done your research to get the best deals where possible · Are you prepared to track your spending · Are your gifts practical and useful, and last but not least;

© 2015 Rudo Catlin. All Rights Reserved.

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