Spend & Save This Holiday Shopping Season

Do Your Christmas Shopping The "Debt Sucks" Way

GREENSBORO, N.C. -- I know its hard to believe, but the holiday shopping season is just 9 weeks away. Seriously, there are only 9 weeks until Black Friday and all the shopping deals.

We all know, you're going to spend and you're probably going to spend a lot, but WFMY News 2's Debt Expert Ja'Net Adams is showing you how to save a little too.

Adams wrote the book, Debt Sucks: Everyone's Guide To Winning With Money So They Can Live Their Dreams.  She says its all about planning and smart shopping.
"Christmas is almost here, at least it is for people who want to do their Christmas shopping the Debt Sucks way.  Each year people find themselves buying toys on their credit cards and putting clothes on layaway because they are not prepared," said Adams.
Here are three tips to have a Debt Sucks shopping season:
1. Determine your amount: 
Don't go into the shopping season without a number.  Decide today on the amount of money you are going to spend nine weeks from now. Then divide that number by 9 and that is the amount you need to save each week in order to pay cash on or after Black Friday.
2. Take Inventory: 
Your children may be asking for ten new toys, but already have 80 toys in their room.  Think about what you want to buy and then walk around your home to see if it is really necessary to buy all of the items.  If you plan to buy ten new toys, you need to get rid of 20 or more toys that your child already has.
3. Find Extra Money:
Sell items in your home that you need to get rid of and use the extra money to fund this year's shopping list.  It is still warm around most of the country so you can have a yard sale the next two weekends and probably get all the money you need and clear up space for new items. 
"If you want to do Christmas shopping the Debt Sucks way, you have to take the next nine weeks to prepare so that you pay cash," explained Adams.  "Really think about who you are shopping for and that can help you save money as well.  Adults really don't need a gift and that decision right there can save you a lot of money!"

Copyright 2016 WFMY


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