You Can`t Afford Holiday Debt This Year -- Here`s How to Avoid It
(WorldNews Business)

The holidays are a great time to celebrate with friends, spoil family members with gifts, and rack up loads of debt in the process. Last year, the average American consumer wound up $1,230 in debt, the bulk of which stemmed from credit card charges. But getting into debt is a dangerous move that can not only cost you money, but also prevent you from meeting other important financial goals. The danger of debt When you incur debt of any variety, you turn a purchase into a more expensive one by paying interest. And chances are, that extra money could be used for something more pressing. For example, if you don`t have any emergency savings, wasting even $50 on interest means you`re an extra $50...