Smart Holiday Spending Tips from Suze Orman to Avoid Debt

December 8, 2025 - 12:10

As the holiday season approaches, financial expert Suze Orman emphasizes the importance of strategic planning to prevent holiday debt. Orman outlines four essential rules that can help individuals enjoy the festivities without the burden of financial strain.

First, she advises planning ahead. Creating a budget and sticking to it can help avoid impulse purchases that often lead to overspending. Setting clear limits on how much to spend on gifts and celebrations is crucial. This helps maintain financial discipline and ensures that holiday cheer does not come at a cost.

Second, paying with cash is a practical tip. Using cash instead of credit cards helps individuals stay within their budget and prevents the temptation to overspend. This method encourages mindfulness in spending, allowing for a more intentional approach to holiday purchases.

Lastly, Orman suggests open communication with loved ones about financial boundaries. Discussing expectations and spending limits can foster understanding and reduce stress during the holiday season. By following these guidelines, individuals can enjoy a festive season while keeping their finances intact.