We often talk about losing weight and getting fit for our physical health, but many of us overlook our financial health. According to Marriage.com, the second most common reason for divorce is because of money. Good financial health is a necessity especially with an impending financial crisis, and FICO scores being a deciding factor for things like interest rates on credit cards and loans or even being approved for an apartment.
During this time of year, people over spend on gifts, travel, and hosting elaborate holiday parties. By the end of the season, many; ultimately, suffer from what Discover.com labels post holiday debt. If you want to keep your holiday spending in check, here are 6 Tips to Save Money During the Holidays. One of my favorite tips on the list is using cash instead of credit cards for purchases. People are likely to spend more using a credit card than cash. Discover.com suggests having a set cash amount and sticking to that amount once the cash is spent. For the rest of Discover’s invaluable tips, click here.
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