The Empowerment Channel Newsletter

A newsletter designed to promote financial empowerment through stewardship.


December  2011                                                             Volume LXXXVII

How to Keep the Holidays from Putting You in a Hole

As the end of another year approaches, most of us begin gearing up for the Holiday season and with it a massive advertising push to shop until you drop.  As soon as you’ve put away your Thanksgiving leftovers, the stores are opening late night to get people lined up for Black Friday.  Then for those who didn’t find what they wanted or are looking for more deals, Cyber Monday is right around the corner.  Never mind that many of the great discounts are only markdowns from a heavily marked up price, but the message that is sent in an overwhelming fashion is to spend, spend, spend.

It is this time of year that in a very short period of time many people paint themselves into a corner that they have to try escaping from for the next several months.  Then once the holidays wind down and we begin the new year, we realize we’ve done it again, going a little (or maybe a lot) overboard, and we go about making New Year’s Resolutions to do better going forward.  While we may feel some regret from the damage done in the aftermath, it’s a cycle that’s repeated year after year.  But it doesn’t have to happen again if you make a commitment now to do something different.

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