Millionaires Are Cutting Back on Holiday Spending. You Should, Too
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It's easy to go overboard on spending during the holidays and rack up a huge balance on your credit cards in the process. From travel to gift-giving to decor, all of those individual expenses can easily add up to one giant tab, leaving you in a financial hole. That's a bad situation in general, but it's an even worse one to land in during a pandemic and economic crisis. In fact, this year, it's more important than ever to limit your holiday spending. And if you're not convinced, consider this -- even the wealthy are scaling back.
Source Fool.com
