Michael Joyce shared his thoughts on holiday spending in an interview with Rachel DePompa of NBC12. This story has been distributed to NBC affiliates nationwide.

Watch the NBC12 story here.

Try to Stick to a Holiday Shopping Budget

In the story, Michael reminds us that while it may be very tempting to make holiday purchases impulsively, it’s best to stick to shopping budget.

He warns that while we may be tempted to overspend at this time of year, it can be challenging to pay off those credit card bills in the months that follow.

Michael points out that “…the longer a debt sits in an account, the more the items purchased actually cost — because of all the accrued interest.”