Feeling the Holiday Spending Hangover? You’re Not Alone

Between travel, gifts, decorations, and parties, it’s no surprise if your budget took a hit this holiday season. But don’t worry—there are simple ways to bounce back and regain control of your finances.

Why It’s Important to Act Now

• Reduces financial stress
• Helps you start the new year strong
• Frees up money for future goals

10 Simple Ways to Recover from Holiday Debt

1. Set Clear Savings Goals

• Review your current finances (income, debts, spending)
• Write down short and long-term goals
• Add deadlines to stay motivated

2. Pick a Debt Payment Strategy

• Identify which debts need attention first
• Choose an approach that fits your budget
• Avoid late fees by planning payments ahead

3. Create (and Stick to) a Budget

• Track where your money goes each month
• Cut unnecessary spending
• Redirect savings toward holiday debts

4. Sell Unwanted Gifts

• No guilt—if you won’t use it, sell it
• Try online marketplaces or local sales
• Use the extra cash to pay down debt

5. Boost Your Income

• Explore side hustles (many can be done from home)
• Sell unused items around your house
• Every little bit helps pay off debt faster

6. Spend Less, Save More

• Choose free activities over expensive ones
• Host potlucks instead of dining out
• Small savings add up quickly

7. Use Windfalls Wisely

• Put tax refunds or bonuses toward debt
• Resist the urge to splurge
• Your future self will thank you

8. Try a 21-Day Spending Reset

• Only buy essentials for 3 weeks
• Get creative with what you already have
• Apply all savings to your debt

9. The 10-Day Selling Sprint

• Sell 10 valuable items in 10 days
• Focus on clothes, electronics, or furniture
• Use local selling groups for quick sales

10. Prepare for Next Year

• Shop for gifts throughout the year
• Set up a dedicated holiday savings account
• Buy next year’s decorations on clearance now

Remember—recovering from holiday spending doesn’t have to be painful. Pick a few strategies that work for you, and you’ll be back on track before you know it!