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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.
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