There is usually enormous shopping throughout the holiday season. Since at this time everyone is spending more than they can afford, Americans end up accumulating thousands in debts they have no means of paying. That should be reason enough why you should not use the credit card that you have for holiday shopping. If however that is not enough, there are other reasons that will help you get to that decision.

1. You will become more indebted to the credit card companies.

Holiday shopping will only add to the debt problems that you already have. Don’t say that since you are already in debt that a little more shopping will not do any more harm. Added debt will lead to higher interest amount and a little more time to repay your debt. This inevitably affects the plans that you have and other purchases you wanted to make.

2. You spend more that the person paying cash.

The credit card user will on average spent more money shopping that those who use money since they never have the warning that those using real money has of telling them that they have no money and can’t possibly afford what they want to get. You should therefore just do away with the credit card and go shopping with money.

3. You pay more for the items you buy.

The biggest setback to the advantage of the credit card that you are allowed to pay latter for the items that you buy today is that any of those amounts that you allow to go unpaid for more than a month will accrue interest. This interest will raise the cost of the gifts way above their actual selling price. It is even worse for the person already in debt since they are ni\o allowed this grace period. The interest will start accumulating immediately.

4. You will be starved of money by New Year.

What credit card shopping will inevitably do to you is get you in debts that will put you to debt and give you a bad start to the year. These debts can run all the way to march when the holidays are long forgotten. By not using the credit card, you get the best gift of the New Year, that of not starting it while in debt.

5. Risk of credit card fraud.

At this time of the year, everyone is dishing out their credit cards and credit card thieves are on the lookout for any cards that they can snatch or even get the credit card number. Leave the card at home to prevent it being stolen while you shop.

6. Risk of spending more than you can pay.

Most people get absorbed in the holiday spirit and shop without budgeting and before they know it, the debt is already too huge for them to repay.