Holidays are a time of selfless giving. The satisfaction of giving gifts is truly a great feeling and warms the heart of not only the gift receiver, but the gift giver. However, the expectations to give during the holidays can sometimes overburden us with excessive spending and charging, which can result in a large amount of debt once the gift-giving season has passed.

If you turned to high interest credit cards to help you live up to the holiday gift giving expectations, it’s important to resolve to get your debt under control in the new year. Here are some ways to stay on top of your credit card bills and pay off holiday debt.

The following are good tips for tackling holiday debt efficiently and setting a good financial tone for the year to come.

• Don’t wait. A common tactic when it comes to dealing with stress-inducing finance issues is to procrastinate or simply ignore them. This can be detrimental in the long run, as interest and finance charges can pile up while you turn the other cheek to your debt. Assess your debt head-on and begin to set a payment schedule as soon as possible.
• Prioritize your spending. Mindful spending should always be put into practice, but it’s worth mentioning. Make sure your necessities come before your credit bills. Your credit bills, however, should be a very close second to necessity expenses like rent, groceries, and utilities and paid off diligently after those are taken care of.
• Cut down on frivolous spending. This might be a tired lecture, but there should be a focus on cutting down on needless and wasteful spending. Retail therapy is real, and there are tons of fun, shiny items out there. However, let the looming threat of interest and finance fees piling up help keep you on the right financial track.

Holiday spending and debt can sometimes make for a bad start to the new year. But the financial experts at Progressive Debt Relief are on hand to help you settle, negotiate, and manage your holiday debt issues.

Progressive Debt Relief has the experience and ability to settle debt efficiently and discreetly. Through free consultations and no upfront fees, our financial experts will work with your creditors to negotiate a reduction of your debt and help you to develop an ability to make the best financial choices possible. To find out more about our services, or to schedule a complimentary consultation, contact Progressive Debt Relief today.