Holiday budget advice: how to avoid going into debt [Video]

Are you scrambling to get ready for the holiday season?

As kids, the holidays were full of fun experiences, excitement, and anticipation of the gifts we would receive. Once we grow up, though, the holiday season can take on a new meaning — one that often brings financial strain and stress.

However, with a bit of planning, preparation, and smart budgeting, you don’t have to let your inner Grinch come out this holiday season. Below, I’ll offer some helpful tips and budgeting advice to help ease financial stress during the holidays.

How much do Canadians spend during the holidays?

According to online publication Made in CA, the average person spends $1,593 on holiday expenses. This includes gifts, experiences, decor, entertainment, and other discretionary holiday spending.

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One of the biggest mistakes I see people make is putting off holiday shopping until the last minute.

Unless you have a holiday savings …