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.