Holiday Debt Got You Feeling Left Out In The Cold

As the New Year settles in and thousands of households across the country shutter themselves in from another great Canadian winter, many find themselves feeling the chill of debt as credit card bills start rolling in from holiday expenditures. Perhaps you over spent just a little? Or a lot? Maybe you stayed on budget but new life circumstances have you feeling financially pinched? While debt can be overwhelming, your best approach – is to face it head on. Create a detailed budget incorporating your debt payments, your day-to-day cost of living and your monthly income. From there you will be able to gauge whether or not there is a little left over to pay down your debt at a higher rate, putting you closer to a debt-free 2017.