As you pack your Christmas decorations back in their cabinet, the money that you’ve blown away during the holidays is now finally sinking in. The mere thought of looking into your credit card account balance may even petrify you. If it’s any consolation, you are not alone in your predicament.
It’s the Christmas season once again. For a country with more than 80% of the population predominantly Catholic, it is not at all surprising that Christmas is the most celebrated holiday for Filipinos. Unfortunately, Christmas is also that time of the year that we just toss away or budget without thinking of the consequences.