CHARLESTON, SC (WCSC) - Christmas time is a happy time of the year for many of us, but it can also be a time full of stress and debt for many Americans.
There are some things you can do to make sure it's a holiday full of jolly instead of one full of the ho ho hums.
Tis the season to stay out of debt and avoid holiday overspending.
"The holidays are very stressful because a lot of people feel that obligation to purchase for their family, friends and children," said Debbie Kidd of the Homeownership Resource Center.
Kidd says on average, people spend 1800 dollars on Christmas gifts with money they don't really have.
"That's an awful lot of money and make it 50 dollars for every person that's a lot," Kidd said. "We're still seeing people trying to pay off that credit card from last Christmas and it just keeps compounding."
To avoid overspending before it even starts, Kidd says first make a list and narrow it down according to priority. She also suggests using just cash and leaving the credit card at home all together.
"Know exactly how much you are going to spend and when it's gone, it's gone," Kidd said.
Another money saving tip is to use coupons from the paper or from online sites or just make some gifts yourself.