December 22, 2018 | Leave a comment Christmas is about lights and celebrations. But, if you fall into debt due to the celebrations, the celebration of lights will turn into darkness soon. This is because debt is the greatest evil that and it is really tough to pull that off your shoulders one it spreads its evil clutch on you. If you fall into debt while shopping for the holidays, you will soon have to find out the different ways in which you may be able to get out of debt soon enough. This is going to mar the mood of celebrations. So, what are the things that you are required to do in order to avoid falling prey to the debt during the Christmas celebrations? 1.Take advantage of budgeting To avoid debt during the Christmas celebrations, you will have to stay within your limit. In order to stay within the limits, the limit till which you can actually afford to expand, you will have to start budgeting. You will be required to formulate a budget based on your income and your expenditures – daily and the temporary or fixed and variable. You can either start budgeting on your own or else you can also use budgeting software or tool that can help you to prepare a proper budget. While budgeting, you are necessarily required to list down all of your income and your expenditures. This helps you to better understand what your expenses are and if you need to work on those to bring down the level of money you spend. If you do this strictly months before the Christmas or from the start of the New Year, you will easily be able to spend money in the right way as per your requirements during the Christmas. 2.Consider couponing Couponing along with budgeting can help you curb your debts during the Christmas celebrations. Couponing is nothing but lowering the limits of your expenditure by using the discount coupons. You can get these coupons from the departmental and grocery stores itself, from the newspapers and magazines, from the manufacturers, from the product’s itself and so on. These coupons help you save lots of dollars in the long run. So, before you start shopping for the Christmas and the New Year, you should always start collecting the coupons days before it. Then you will have to plan your celebrations based on your affordability and the items that you can actually buy using the coupons. This does not necessarily mean that you are not supposed to buy the items that you are going to need. You should obviously buy other items too but in a limited amount – only what is required. Moreover, if you buy most of the items by using the discount coupons, you will be able to save money from your expenditures to buy items that you cannot do with during the celebrations. However, you should never use money from your savings account to buy items for the Christmas celebrations. This is going to help you save money and yet stay away from debt. This is also going to help you maintain your secured future.