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Article: Post Holiday Remorse; Money Management International Offers Advice for Those Who Overextended Themselves.
- Article from:
- PR Newswire
- Article date:
- December 20, 2002
CopyrightCOPYRIGHT 2002 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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HOUSTON -- HOUSTON, Dec. 20 /PRNewswire/ -- Every holiday season millions of consumers use their credit cards to finance gift purchases. Come January, those bills start rolling in and a strong case of post-holiday remorse sets in. When faced with the post-holiday blues, debt can seem insurmountable. To help these consumers get a handle on their situation, Money Management International (MMI) offers the following advice.
-- Take a good hard look at your spending habits then realize that there
are only two legal ways out of debt -- cutting expenses or increasing
your income. Decide which works for you and get to it.
-- Create a damage sheet. ...