Christmas is now over and people are hitting the stores here in Canada for Boxing day/week sales (similar to after thanksgiving in the US). Supposedly there are many deals waiting for all that $$ you got from your grandparents for Christmas.

Did you know that Interac says it set a record with 31.2 million transactions processed December 22 and 23 - eclipsing last year’s record total by one million transactions (Canadian stats).

Would be interesting to know how many credit card transactions were made this holiday season. I guess we’re now programmed into going above our means just to get gifts for just about everyone we know at this time of the year. We must ask ourselves if it’s worth it. I mean… would we be less loved, less appreciated or less popular if we didn’t  rack up that credit card bill with purchases?

Now it begins… those of us who did spend on the Master Card or Visa now have to worry about paying it off before all the interest accumulates.

Have a great day.

Chris