Why is this article about avoiding credit card debt next Christmas and not this Christmas? Well, the chances are it is too late this year and the little plastic demon has already made an appearance, or it soon will

Why do we do it? Every year millions of us over-shop, over-eat, and over-spend. We simply must fill our cupboards with enough food for months when in reality the festive period lasts only a couple of days, and it has become the norm to spoil our family and friends with an abundance of overpriced gifts.

Naturally, the financial burden of providing for all of this overindulgence has to be relieved somehow, and inevitably the credit card is all too willing to take the strain. But it doesnt have to be like this, there are ways of coping at Christmas without getting into credit card debt.

The first and most obvious strategy is simply to cut down on your spending. Loved ones shouldnt have to go without, and indeed it would be quite wrong if they did, but do you really have to buy them so much? And if you are in the habit of throwing out of date and unwanted food away in the first week of the New Year, then perhaps you are buying a little too much? Cutting down just a little can make a big difference.

Secondly, remember that Christmas comes around every year at the same time. It should not be a surprise that you suddenly need more money at this time of year, so start planning for next year now. Join a Christmas savings club and start paying into it during the first week after the festive holiday. Its surprising how much of a difference saving just a few pounds each week can make to your Christmas finances. But the more you save the more you can spend, so save as much as you can afford. Once you get into the habit you wont even miss it each week, and you will reap the rewards when the time comes.

On the subject of planning ahead; have you noticed that stores sell off Christmas cards, decorations, and other paraphernalia at giveaway prices just after the holiday period? This is the time to buy and put things away for the next season!

In conclusion, you dont have to become Ebeneezer Scrooge and have a miserable holiday, but you can avoid credit card debt next year simply by cutting down a little on spending and taking some time to plan ahead. Have a merry Christmas and a Happy New Year!