Holidays are for Making Happy Memories!

I absolutely love the holiday season and the happy memories I associate with it: baking, decorating, and family time!

And, there are the favorite movies and songs that you have to hear at least three times...who can resist Nat King Cole, Bing Crosby, Adam Sandler, Chevy Chase?

The one thing I don't want to remember, for certain, is spending more than I had when the envelopes come in January!

How you handle it today is going to be determined by the current situation of your finances and what you believe is in your future. SO, what happens when the envelope comes and your expectations are a little shorter cash-wise?

Your first inclination is to probably pay the minimums. I bet you put "getting out of debt" in your top three on your New Year's resolution for 2010, didn't you?

Well, here's a little something to help you with that resolution: "Ignore the Credit Card Minimum Payment".

I've shared a lot of the concepts in this article, over the years, with my clients, high school classrooms and community groups to help them put together a debt-freedom plan, so you know I use them in practice and not just repeating this!

If you don't know where to start, I have a recommendation to give you as well! In a partnership with Equifax, Primerica has designed a very easy, affordable and completely secure program for you to design and implement your own freedom card! This program is also including up to $25,000 of Identity Theft protection. Here's your link: DebtWatchers.

The DebtWatchers program allows you to monitor your credit report, check who's looking at your credit and improve your FICO.

From my family to yours, I wish you the best holiday season with the warmest and best memories yet!

We love comments so you can leave one here or email me at dfebtcure123@gmail.com.

Happy Holidays! ~ Jax