New Year, New Budget: Practical tips to overcome Christmas holiday spending

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Financial advisers warn that ignoring post-holiday debt, particularly high-interest credit cards and Buy Now Pay Later schemes, can quickly worsen financial pressure. Credit: Mazhora - Storyblocks

On Usap Tayo, experts shared practical tips for regaining financial stability after holiday spending.


Key Points
  • Financial advisers warn that ignoring post-holiday debt, particularly high-interest credit cards and Buy Now Pay Later schemes, can quickly worsen financial pressure.
  • Australians are encouraged to raise quick cash and reduce liabilities by selling unused gifts, cancelling unnecessary subscriptions, refinancing loans, and prioritising high-interest repayments.
  • Cutting everyday expenses through smarter grocery choices, better energy deals, use of reward points, and free community services can help ease the post-Christmas financial hangover.
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