Managing Financial Stress During the Holidays
Experts Provide Tips and Recommendations for Budgeting and Gift-Giving
- Financial stress during the holidays is a common concern, with rising household expenses and the costs of gifts, social gatherings, and travel.
- Experts recommend managing expectations, setting a budget, and sticking to it to reduce financial stress.
- Alternatives to spending a lot of money include homemade gifts, gift cards, experiences, and the gift of time.
- Creating new traditions and being selective with expenses can also help manage financial stress.
- Seeking professional help is advised for those experiencing mental health struggles due to financial stress.