Keep Your Holiday Spending in Check

The holiday season is in full swing. Whether you are the parent in custody or are required to make regular child support payments, single parents may find the season challenging. In this case, you need to take the right steps to prevent problems from happening, as spending too much during the holidays can lead to problems when the new year arrives. Consider the following tips.

Before you start making major holiday purchases, set a budget. An established budget makes it easier to ensure you won’t go overboard and will let you see how much you can spend without running into trouble.

Credit cards are extremely tempting. After all, you can buy it now and pay it off later. Instead of being tempted to swipe, consider using only cash. This will greatly reduce the chances of making an impulse purchase or buying something that will cost you more because of interest charges.

Here’s another idea: get creative with your gift giving. Instead of going out and buying a gift, create something by hand or give the loved one some of your time. Sometimes the most memorable gifts are those that have no monetary value but are sentimentally priceless.

This update is provided by the firm and Miami family lawlawyers of Rafool, LLC. We have a strong reputation throughout Florida and we have numerous years of experience representing clients involved in complex divorce cases as well as other family law matters. Should you have any domestic or family issue, we are here to assist you by providing educated advice and skilled, professional advocacy. Call 305-567-9400 to speak with one of our family law attorneys Miami.

This information is provided for educational or informational purposes only and should not be construed as legal advice. The information is not provided in the course of an attorney-client relationship and is not intended to substitute for legal advice.