Archive for December, 2006

postheadericon Watch out for the Christmas Debt!

The country is getting more and more into debt.  Individuals are getting more and more into debt.

Are you one of the individuals who has got more and more into debt?  Have you already spent too much on Christmas presents?

This is just a warning.  Things are going to explode soon… it can not carry on like this.    People are living in one glorious bubble of living life on “credit”.

The government is continuing to spend money like there is no tomorrow.   If we,  as individuals, continue to do the same it will be all the more painful when this run of spending hits the buffers and the economy goes downwards and there is nobody to borrow money from.

Take note, if you know you have spent too much on Christmas then consider taking some items back for a refund and buy smaller presents or better still, if really struggling, make something – be creative – it’s all the more personal.

Remember, Christmas is not about lots of big presents.  It’s the thought that counts and I wish you all a happy festive Christmas whatever your circumstances and wherever you are in the world.