How to stop yourself from overspending

By Brandi Hodges - bio | email

JONESBORO, AR (KAIT) - From now until Christmas Eve shoppers are in a spending frenzy! 

"You've just got to know what you can spend," said BancorpSouth Senior Vice-President Glenda Frangenberg.

She said it's important to make a budget.

"Most of the time we try to plan ahead so unless we see something that we had planned to buy anyway we tend to try to avoid looking at flyers," said Vicki Hornbeck.

There are new sale ads coming out all the time tempting you to buy.

"You have a list but then when you see other things in the store and before you know it you have a lot more on your bill than you thought you were going to," said Debbie Mays.

"I think people are going to be paying more of attention.  They know when January comes there may not be that money to pay that credit card off," said Frangenberg.

"It's a horrible feeling especially when you've gone out and put that on credit cards that you have to pay later," said Mays.

If you feel like you just can't control yourself leave your credit cards at home!

"If you have cash, take the cash because when it's gone it's gone," said Frangenberg.

Many of us feel like we have to buy something for everybody when you really can't afford to!

"We have a Christmas club and we try to stick with that we make a list and just try not to go overboard," said Mays.

"There are some folks that have started drawing names instead of everybody buying for everybody," said Frangenberg.

Some folks may have to sit down with their families or children and explain the financial situation and make plans for next Christmas.

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