Holiday Column

Ahhh the aroma of a turkey basing in the over, dressing, macaroni cheese and the whole nine yards. Oh, and don't forget about the songs Deck the Halls and have a Holly Jolly Christmas.
Thanksgiving and Christmas are probably the most traditional and celebrated holidays in the United States, no matter what the person religion is and every year people go broke because of them.
The question is can people afford to over spend for the holidays and the answer depends. If you are a millionaire who can shelve out tons of money to lavish your friend and family in gifts from Tiffany's then the answer is yes. But if your the average Joe working 40 hour plus trying to make ends meat for your family then the answer is no. No you can not buy gifts for friends and family member to parade around.
You can not go broke buying Jack, Jill and Sally gifts for the holidays to parade around in. Who are we kidding they are not going to offer to help pay your huge astronomical bills in the end. They are going to feel as if you bought them the gift why should they dig you out the hole.
Let's talk about those fun credit cards. Each year creditors send out ads for people to sign up for a credit card and some Sueze Q falls for it every year. Q fills out the application hoping to buy some really nice Christmas gifts for the people in her life, however she doesn't read the fine line and off to the mall she goes.
Her most famous line to retailers will be charge it, charge it without realizing the emotional and physical damage she is causing herself. In the end her love ones will be happy, but Q will be emotionally scared.
Financial adviser has some advice for people and credit cards. According Princeton Online Financial advisers "caution people not to get caught up in credit card offers that seem just too good to pass up. Educate yourself about terms and methods credit card companies tend to entice consumers into getting deeper and deeper in debt."
Gladys Speed, homemaker, said, "I do think people go broke for the holidays." But is it worth going broke for the holidays. Speed said people go broke for the holidays to make others happy.
Speed said she will not be buying Christmas gifts this years because she does not have the money, but if she did she would budget herself.
Angela Speed, Gladys' daughter, also said she will not be buying gifts for the holiday. In a previous conversation about Halloween Speed said that people are not going to haunted house like they use because they don't have the money.One haunted house admission was $45 because of the "VIP package".
Antonio Burnett, Gladys' son-in-law, said he knows some people that go broke every year for the holidays. He said "I know a lot of people in the hood that go broke for Christmas."
Please have a blessed holidays and shop smart.