The most prevalent advice from debt management experts is to plan ahead, prepare and budget - here are a few tips to help you to do so in what can be one of the most costly times of the year:
1. If you already have an outstanding balance on your credit card or are in the process of paying off a personal loan or overdraft, think carefully before spending anymore.
2. If you plan on borrowing money then ensure you have considered how and when you will repay it, and if possible budget for the repayments in advance.