Expert Tips for Smart Holiday Spending

A 31-year-old influencer has shared her journey of overcoming financial struggles, including deep credit debt, to save for a property deposit in Sydney. Since launching her content creation career in 2021, she has paid off her debts and saved for both a new car and an apartment, emphasizing the importance of financial security amidst industry uncertainties. Meanwhile, holiday shopping events like Black Friday and Cyber Monday encourage impulse buying, with a recent Bankrate survey revealing that over half of consumers made at least one impulse purchase last year. Jeff Rossen advises consumers to budget comprehensively for holiday expenses and to utilize credit card rewards to maximize savings. In a contrasting approach, Bandhan Mutual Fund has launched a campaign urging consumers to prioritize responsible financial planning over impulsive festive spending, humorously highlighting the often forgotten items bought during sales. Financial experts recommend evaluating various financial products, such as credit cards and personal loans, to better manage spending and saving.