avoid holiday debt

Avoid Holiday Debt With These 5 Tips

The holiday season is just around the corner and we can feel the excitement in the air. But the holiday spirit can bring out the spendthrift in all of us. From buying Christmas gifts to hosting Thanksgiving dinners, the holiday season can take a huge chunk out of our budget. In the US, the average person spends around a whopping $1,000 during the holiday season (National Retail Foundation). And if you are not careful, you might actually end up in debt.

But don't worry, having a fun holiday season does not have to be financially stressful. In this article, we will highlight how you can avoid holiday debt with these 5 money-saving tips including how you can secure emergency money through title loans, Wisconsin.

1. Holiday Budget

If you have to truly follow one tip from this list, it is to make a holiday budget and then stick to it. Carefully examine your monthly budget and save a few months prior to the holidays. See how much you can put aside for all the spending during the season.

Once you have the number you can divide it among major costs like gifts, food, decorations, or traveling. If the number is simply too small for your holiday expense you can either save more or get a temporary side hustle.

2. The Gift List

If you are planning on giving gifts then preparing a gift list for your friends and family can really put things in perspective. You cannot only keep the costs under control but also to choose the best gift for every person. Planning ahead can really go a long way in saving money.

Make a list of possible gifts for each person so that when you finally do go out to shop, you can find the best possible gift that is comfortably within your budget.

3. Shop Early

Shops and stores are primed to make you spend during the holiday season. And no matter how tempting it is, it's actually very efficient to do all or most of your holiday shopping early when the prices are lower.

Keep an eye out for special discounts or sales throughout the year and try to buy gifts and decorations whenever you find good deals.

4. Shop Online

Shopping online can be quite advantageous, not only does it allow you to compare prices but there is also less pressure. You can also get a lot of discounts on days like Black Friday or Cyber Monday. However, we all know how addictive online shopping can be so keep yourself in check and within your budget.

5. Know Your Limits

It is also pertinent to mention that you should always know your limit. There is no need to go overboard with gifts or throwing lavish dinners. The holiday season should be fun and not put you in financial and mental stress.

Get A Title Loan

Sometimes no matter how much you plan or budget, life can hit you hard. Medical bills, sudden home or car repairs, or unexpected travel around the holiday season can be financially distressing. If you need urgent cash and have a car then title loans might well be the best option for you. Car title loans are a convenient way of securing an emergency fund without hurting your budget.

Benefits of Wisconsin Car Title Loans

Convenient and Quick

Title Loans are extremely convenient and ensure the same day cash payment. With Wisconsin Auto Title Loans, the whole process is hassle-free and takes around thirty minutes. All that is required is for you to fill out an online application.

Once your application has been approved and your car inspected, you will get the cash credited into your account the very same day.

All Credit Welcome

Another advantage of auto title loans is that we welcome all types of credit when determining the eligibility of an application. Good, bad, and nonexistent – we welcome all credit scores!

You Keep Using Your Car

There is a misconception that when you apply for a title loan, your car is requisitioned. This is not true at all and you can keep on driving as long as you make the payments.

How To Acquire Title Loans Online

There are 2 ways of acquiring an online title loan. The traditional method is to simply drive up to a store while the more convenient method is to apply for it online. You can follow this step-by-step guide on how to acquire an online title loan:

  1. Fill out the form found on our homepage.
  2. Submitting it will allow a representative to contact you to schedule an inspection of your car.
  3. They’ll also ask you to provide the following pieces of information:
    • Your driver’s license
    • The title to your vehicle
    • Your vehicle for inspection
  4. Your car will be inspected and you’ll find out how much money you’ll be eligible for.
  5. You’ll receive the money!

  Woman holding title loans money


In Wisconsin, you’re never far from title loan locations and we make your search for Wisconsin auto title loan locations easy because we clearly list all of our store locations so you can find your nearest one when you’re in a pinch. Don’t wait until you struggling to meet your holiday budget is in trouble from an emergency. Apply for a title loan today.

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

Louis Tully

Louis Tully is a full-time finance writer offering financial expertise to everyday consumers. He understands the core values of finance and used his writing talents to share his own experiences with money to his readers. His articles teach how financial failures can easily become successes by making new habits and creating realistic goals.