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Bankruptcy

: Bankruptcy Law Network

Surviving the Holidays Without Credit Cards

By Jeffrey Freedman, Buffalo Bankruptcy Lawyer

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Many people survive the expense of the holidays?the gifts, the travels, the parties and the wine?by relying on their credit cards. This is a bad idea for a number of reasons. The first and obvious reason, is because you will need to pay (ever higher levels of) interest on the money you ?borrow? to buy that present or bottle of wine. Long after the sweater has shrunk, and the wine has been drunk, you will still be writing checks to MasterCard.

Full post as published by Bankruptcy Law Network on December 01, 2009 (boomark / email).

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