The article highlights that many people fall into credit card debt during the holiday season, with an average debt rise noted by Experian. Financial expert Suze Orman emphasizes that debt isn't inevitable and advocates for cultivating a proper attitude towards spending. Instead of charging purchases unexpectedly, individuals should focus on budgeting and saving to fulfill their financial goals. It suggests that leveraging credit cards for benefits like cashback can be advantageous if managed correctly, rather than completely avoiding them.
"In January we start saving money, getting out of credit card debt... Then, every single year like clockwork, starting in November, all of you fall into this trap that says, 'I have to buy this gift..."
"It's this attitude, though, that can land you in credit card debt and mess up your financial goals."
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