Black Friday, Small Business Saturday, Cyber Monday … don’t let it all turn into Debt December.
Thanks to the state Department of Financial Institutions, here’s a capsule look at some tips on how to shop smart this holiday season and avoid problems come the New Year.
• Create a spending plan. Compile a budget for your gift buying. List the recipients. Stick to the plan.
• Comparison shop. Compare prices. Look for coupons.
• Don’t buy it if you can’t afford it.
• Know a store’s return policy. Know what you’ll need to do should one of your gift-getters not be completely satisfied.
• Keep receipts.
• Avoid fraud. Don’t shop on a computer when that computer’s Wi-Fi might be compromised. Public networks are not necessarily secure.
• When those credit card bills come due, check your statements for unauthorized charges or errors.
• Pull your credit report. Visitannualcreditreport.com
for more information.
• Protect your purse, wallet and credit cards from pickpockets. Consider asking Santa for RFID protective sleeves.
• Check your wallet or purse for the kinds of ID you’ll be carrying on your shopping expeditions. You probably won’t need your passport or Social Security card.