How to cure a holiday debt hangover

By Anne Levy-Ward

Has too much seasonal spending left you with an aching wallet?  These tips will help ease the pain – and prevent it from happening again.

Ah, January!  That wonderful month for football, fresh starts and frightening credit card bills.

“Psychologically, shopping gives many people a lot of pleasure,” writes Sarah Milton in the retirehappy blog.  “There’s something quite festive about wandering around in a warm, well-lit space when it’s freezing cold outside while we pick out gifts for those we care about.  The trouble is, that the nice warm space and generous mindset often lead to us spending far more than we intended to.”

If overdoing your holiday spending has left you with a raging debt hangover, here are some smart ways to treat it now and keep out of trouble next time.

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