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May 14, 2008 • Posted by Jon Gaskell

An Economic Stimulus Plan for the Holidays

Oh, I know. The holidays? Who's thinking about the holidays... in May? The answer may not be you, but you should be. Here's why: The so-called holiday hangover. What's the holiday hangover? It's the sting that millions of Americans are still feeling, as they receive their credit card statements each month. And when do they spend the most? You guessed it: the holidays. And they spend even more when they charge their gifts instead of paying in cash, getting caught up in the holiday spirit.

It's a habit you want to definitely want to avoid. And with 116 million Economic Stimulus checks en route or already delivered, nipping the holiday hangover in the bud has never been easier.

Tags: holiday savings plan