Considering that Christmas
shopping is expected to increase, financial advisors have been cautioning
consumers against using credit cards because this means that they risk getting
into debts. Nonetheless, it will remain a popular payment option this season. A
report advanced that 48% of customers already owing money to others will resort
to credit cards for their holiday
shopping. Additionally, firms are offering more incentives to attract more clients.
Some examples of these are 0% APR deals and enhanced security features.
However, it should be kept in mind that shoppers must be careful of not
spending too much money that they do not have yet.
Another precaution that customers must take when Christmas
shopping is to look into store policies. Nonetheless, they seem to be aware of
that. Indeed, the author of The Joy of $aving, Jeanette Pavini, advanced
that whether people are purchasing online or from physical outlets, they are
looking for more flexibility when it comes to return
policies and price adjustments. For instance, they need to know that they will
be able to exchange clothes that they could not try on before buying since
dressing rooms are closed. Moreover, savvy shoppers are saving their receipts
to ensure that they can get a refund if the price of an acquisition goes down
during the holiday season.
Avoid using credit cards for the holidays © Royalty-free image
Comments
Post a Comment