All posts tagged: credit cards

Source: http://commons.wikimedia.org/wiki/File:Red_Christmas_present_on_white_background.jpg

Christmas is coming…. and again about spending habits

 A special for you today with some tips on how to avoid debt hole after Christmas celebration, how to manage your fears, think wisely and make good presents without great expenses.   All cultures have different traditions of celebrating Christmas. Even the days differ: Swedes celebrate the 24th of December, USA and UK on 25 th, Russia and Greece go nuts as usual and celebrate on 6th and 7th of January. The traditions of giving the presents on Christmas also vary.  While Swedes are very overly generous when distributing Christmas presents compared to other countries, Svenska Dagbladet (SvD) recently published an article about the dangerous situations that arise as a result of giving gifts in the Christmas spirit.  The following quote stuck out to me especially:  “20% of people, according SvD, are ready to take a credit in the bank to buy Christmas presents.” Idiots! (It makes me angry! I simply cannot tolerate stupidity). I have nothing against generosity, but I have a lot of against the stupidity of people that allows them to  put themselves into debt hole.  All because of certain …