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KUSI NEWS: 4 Reasons to Ditch the Plastic This Holiday Season

November 20, 2019

The National Retail Federation recently said that it expects Americans to spend between $727.9 billion and $730.7 billion during the holidays this year, a 3.8 to 4.2 percent increase from 2018.

As holiday spending is projected to increase, it’s important that we take the necessary steps to ensure we don’t shop ourselves into debt.

Local personal finance expert and financial advisor, David Reyes of Reyes Financial Architecture, says viewers who plan on shopping during the holidays should ditch the plastic credit cards and shop with cash this year.

Disclosures

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investments may be appropriate for you, consult with your financial advisor.
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