News, Dave Ramsey: Make a game plan, avoid debt this Christmas shopping season. (credit card, buy)

[JD59]

A well-known Christian financial counselor is sounding a warning to consumers this Christmas shopping season. Dave Ramsey recommends planning ahead so you can avoid long-term debt come next year.

http://www.onenewsnow.com/2007/12/dave_ramsey_make_a_game_plan_a.php (broken link)

[greggd]

Call me a scrooge, but I stopped exchanging gifts a long time ago with family and friends. Dinner, drinks, and get togethers are much more memorable.

Anyone still paying down the credit card for last year should seriously consider having a barbeque instead.

[questioner2]

When I visit the homes of friends and family I am always shocked how many things they have. I am shocked that the women have 50 pair of shoes, and the men 100 neck ties. The homes are just bursting with material goods.

What would happen to our economy if people did not buy so much and kept Christmas gifts to a minimum?

[wealthtrader]

Originally Posted by questioner2

When I visit the homes of friends and family I am always shocked how many things they have. I am shocked that the women have 50 pair of shoes, and the men 100 neck ties. The homes are just bursting with material goods.

What would happen to our economy if people did not buy so much and kept Christmas gifts to a minimum?

That's true but not entirely.Our economy would be much better off if people concentrated their money into investments (especially medical) rather than all the frivolous things.

[GreenMachine]

There's nothing wrong with buying people small inexpensive gifts. All my gifts cost me between $15-$20. And there's plenty you can buy for that amount.

Nothing worse than being in debt and feel that your life is disorganized and out of control.