Credit card debt can be stressful any time of year, but it’s particularly burdensome around the holidays, when the pressure to spend is greater than ever. A November survey of 1,000 adults from Bankrate, which aggregates financial rate information, found that for the third year in a row, Americans’ biggest money goal is to finally get caught up on their bills, with 22 percent of respondents citing “paying down debt” as their top financial priority.
As we head into the holiday season, many Americans have not saved up in advance to cover the costs of gifts, travel and other celebration-related costs. Almost half of those in the Bankrate survey said they are most worried about getting on top of their bills and 10 percent mentioned the extra burden of providing financial help to family members and friends.
If you’re among those trying to get on top of bills and debt just as the pressure to buy gifts and decorate the house mounts, here are some ways to pay off bills before the holidays without ruining the celebration: