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5 Tips to Avoid Holiday Overspending

‘Tis the season to spend, spend, spend! And if you’re not careful, the pressure to overspend during the holidays can affect your monthly budget and savings accounts. Here are some helpful tips from sponsored partner and financial expert Stacey Tisdale to stick to a budget without creating financial stress.

See video transcript...

Tis the season to spend, spend, spend!

The pressure to overspend during the holidays can be overwhelming and wreak havoc on our budget.

Many of us try and compensate for not spending time with our loved ones by buying elaborate gits. Advertisers tell us what we must have, and what we must give.

But these five tips can help you keep your finances on track and stay connected to the true spirit of the holidays.


Always go shopping with a list and stick to it!


The holidays are NOT an emergency... do not take money from your emergency savings.


Don't spend more than you can pay back in one month.


If you have problems with credit cards, don't take them shopping! Bring cash or a debit card.


Remember the holidays aren't about money. Gifts like a night of babysitting for a friend or relative or designating a day to spend with someone you love at the park will mean a lot more than a sweater.

Make this the year that the holidays do not create financial stress, so that you are free to show your loved ones how much you care.

*This page has been updated from its original posting on December 10, 2018.

The information in this article is provided for general education and informational purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness or fitness for any particular purpose. It is not intended to be and does not constitute financial, legal or any other advice specific to you the user or anyone else. The companies and individuals (other than OneMain Financial’s sponsored partners) referred to in this message are not sponsors of, do not endorse, and are not otherwise affiliated with OneMain Financial.