The holiday shopping season is in full swing. In a country where spending is already a national past time, this is the time of year when many people significantly increase their debt and overextend their already overextended finances. Many people will be starting the New Year faced with a pile of credit card bills, wondering where all their money went.
Corrie J. Moore, a financial advisor with Waddell and Reed, Inc., of Silverdale, gave five reasons why people end up in financial dire straits, both during the holidays and throughout the year. read more »