How to stop overspending on Christmas ... next year
Question: I blew it again and have overspent on Christmas. I keep telling myself I will not do this again, but I keep doing it. What can I do? I am really bummed.
Answer: I appreciate the fact that you feel badly about overspending. But remorse is a poor substitute for responsibility. Unless you do something substantive to change your habits, you are very likely to do the same thing again next year. And again, you’ll feel badly about what you did — and owe just a bit more on your credit cards than you did this year.