It's been a busy shopping weekend, and it's not likely to slow down anytime soon — but all that buying can be tough on your wallet.
Financial experts have some tips to keep your spending under control:
- Set a budget
- Physically write and outline everything you need to purchase
- When holiday shopping, always use cash
- If you can't use cash, make sure you have a budgeting smart phone app for debit and credit card purchases
- Be aware for card fraud during the holiday season
Financial advisors also say now is the perfect time to think about your finances since income tax season is right around the corner.
Some experts say you should set your budget at least one year before the holidays to avoid temptations to overspend as they get closer.