Neil Roets | Navigating the perils of festive overspending

With the festive season fast approaching, the air is filled with the anticipation of joy, celebration, and the spirit of giving. However, for many, it also signals a time of financial strain, overspending, and the looming burden of debt. Neil Roets sheds some light on the pitfalls of overspending during the season.

The festive season often leads consumers down a slippery slope of overspending, resulting in financial distress that can persist long after the decorations are taken down. The pressure to conform to societal expectations of lavish gifts, extravagant meals, and festive decorations can push individuals to stretch their budgets beyond their means.