Avoid the debt trap this Christmas
Families in Luxembourg spend an average of 825 euros during the festive season and many shops tempt Santa's helpers with incredible offers in the run-up to Christmas; but, budget counsellors warn of the dangers of overspending.
(CS) Families in Luxembourg spend an average of 825 euros during the festive season and many shops tempt Santa's helpers with incredible offers in the run-up to Christmas; but, budget counsellors warn of the dangers of overspending.
Even if you generally don't feel the pinch of the economic crisis this Christmas, drawing up a budget for your festive spending can only be beneficial, recommends Christian Schumacher of the Ligue Médico-Sociale's debt information and counselling service, especially under the “psychological pressure” to buy something special and meaningful.
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