ANCHOR LEAD: It's beginning to look a lot like… the season many consumers overspend. But, that may not be the case this year… especially if you're preparing a budget and arming yourself with a spending plan. Brian Osuch has more. (:60)
SCRIPT: Financial Fitness, I'm Brian Osuch. It's the season of shopping, gifting and heading to holiday parties. And with that can come a pretty hefty price tag. But, a new survey from The National Endowment for Financial Education or NEFE finds many shoppers feel they're on top of their games. NEFE's Paul Golden…
CUT: (Golden) More people are feeling confident in their ability to handle all of their holiday related expenses this year. So, we're seeing a higher consumer confidence and hopefully some planning that is going along with that.
SCRIPT: Planning is one area which can use a little help… the survey finds six out of ten Americans don't set a budget for holiday spending, something Golden highly recommends.
CUT: (Golden) First of all, have a budget and a spending plan. You want to think about all of the holiday related expenses from gifts and decoration to travel related expenses to any sort of parties you might attend. This can get cumbersome, so we've done the work for you on our website - Smart-About-Money-dot-org.
SCRIPT: And what are some ways to stick to your budget?
CUT: (Golden) Use cash whenever possible, you also want to avoid impulse buying, self-gifting… things like that.
SCRIPT: For more, log onto Smart-About-Money-dog-org. That's Financial Fitness from NEFE.
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