If you spent a pretty penny on holiday-related shopping and activities in recent months, you’re not alone. Winter holiday sales for 2022 were expected to reach up to $960 billion, which would reflect an 8 percent increase over 2021, according to the National Retail Federation (NRF).
If you’re entering the new year with increased debt and decreased savings, chances are you have goals of paying off credit cards and building up your bank account. These are common financial resolutions in 2023, as decades-high inflation looms and Americans look to strengthen their finances.
Fortunately, some simple steps can help you get on the right financial track and sleep better at night.
