Get Your Budget Back on Track

After spoiling your children with the latest gaming console, dollhouse and Power Wheels this holiday season, it’s time to reign in the spending and tackle the season’s credit card debt. Macey’s, with the help of Liz Weston of MSN.com, have a few tips to help you restore order to your finances.7-ways-save

1 – Take Inventory

Before you can construct a plan to erase the season’s expenses, Weston advises people to tally all debts, including credit card balances, loans and medical bills. After you have assessed the damage, use a debt calculator to determine reasonable monthly payments.

2 – Trim Expenses

After living beyond one’s means throughout the holiday season, now is the time to live modestly. Weston believes those struggling to gain control of their debt need to ditch the cable package, eat in and drop the landline. After the bills are settled, you can restore service to these amenities.

 

3 – Make a Plan for Next Year

There’s wisdom in the old adage, “those who forget the past are doomed to repeat it.” After tackling your holiday debt, start saving for next year. “People who pay cash for their holiday needs will tell you there’s nothing like the feeling of satisfaction that comes from a debt-free start to the year,” Weston said.

 

4 – Shop at Macey’s

Don’t forget to continue shopping at Macey’s stores, offering seven ways to save cash. Each Macey’s location offers national brand quality at affordable prices, the best price per ounce on products and a Perks program which offers every day sale prices without a pesky club card. Come in to check out Macey’s Meat Packages which contain all the fixings you need for a family dinner at a fraction of the price!