129 - How to Build a Holiday Budget to Avoid Credit Card Debt

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The increased cost of living and interest rate hikes have had a cumulative effect on most of Canadians’ finances this holiday season. Finding ways to keep within your budget can increase your well being. And you’ll thank yourself in the new year. As we head into this holiday season, Licensed Insolvency Trustee, Daniel Maksymchak talks about how to set ourselves up for success. He covers topics around:

Creating a clear and realistic budget
Making your holiday budget go further
Spreading your spending over the year
Consequences of overspending on credit
Recovering from financial overindulgence during the holiday season

If you are struggling with your finances from overspending this holiday season or your debt has become unmanageable, reach out. Federally regulated, Licensed Insolvency Trustees are knowledgeable in all aspects of debt management.

About Daniel Maksymchak

Daniel has worked in the bankruptcy and insolvency field since 2010. His career began in accounting, receiving his Chartered Accountant designation in 2009. He attained his Licensed Insolvency Trustee accreditation in 2014.

Daniel is a member of the Canadian Association of Insolvency and Restructuring Professional (CAIRP) and has volunteered his time with numerous causes in the community.

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