Even the most disciplined budgeters can get carried away with the holiday spirit and spend more than planned. If you find yourself in this situation, it’s unlikely that you’re alone. The National Retail Federation (NRF) expects Americans to spend 6% to 8% more this holiday season than they did in 2021, which will amount to total spending of between $942.6 and $960.4 billion.
If you’ve unexpectedly gotten in over your head during the holiday shopping season, perhaps even using credit cards to cover some of those purchases, a balance transfer card can be a good option to help you dig out of debt.
