At Christmas, it can be tempting to go overboard when spending on your loved ones. According to figures from the Bank of England, in 2016, families borrowed £1.5 billion in loans and credit to pay for the festive season, while the average How Much Can You Afford?
Those who are struggling with debt already may benefit from trying to manage this debt before the holiday period by consolidating them. According to 
Get Control Over Current Debts
Those who are struggling with debt already may benefit from trying to manage this debt before the holiday period by contacting an independent debt adviser. Debt management plans consolidate debts and an adviser can come to an agreement with your creditors to stop interest provided a payment goes through each month. At Christmas, it may be even more tempting to apply for more credit. Avoid this by working out how much you can afford to pay to your debts each month as this will give you a realistic budget to work with for Christmas.
Try Budget Supermarkets
The food shop can be the most daunting during the holiday season. Turkey for all the family as well as all the trimmings can add up to over £100, depending on how many mouths you have to feed. Budget shopping may be the answer. The average The best thing to do while you are paying off debt, is tell your family and friends that you are working with a budget for Christmas. They are sure to understand and may even help you to budget your money effectively.
