Holiday spending can dramatically hurt your wallet and boost your credit card debt if you aren't careful. Now is the perfect time to save up for the holidays by cutting your budget in half -- you'll have to ease up on the reveling in the coming weeks, but you'll be happy to enter the new year without that financial burden or excess debt.
The best way to beat overspending this season is to go in with a plan -- calculate exactly how much you'll need to spend during the holidays. Give yourself a budget for gifts, food, clothing, cards, gift wrap, décor and unexpected expenses. Whatever the cost is, that's what you will need to cut from your budget temporarily.