73 - Finding New Ways To Avoid The Christmas Debt Hangover

For many Canadians, overspending on Christmas is just a way of life. After all, is it not the season of giving and forgiving? But after the tree comes down and the lights are put away, you may be left with a holiday hangover, dreading the mailman’s arrival in January. This debt cycle isn’t going to end unless you decide that you’ve had enough. And if this is the year you draw that line in the sand - this is the podcast for you. Licensed Insolvency Trustee, Bonnie Hooley discusses Christmas debt hangovers and how to avoid them. If you regret overspending again this year on gifts, travel, food or other forms of holiday merriment, tune in to this podcast.

Bonnie also covers:

• Coming to terms with feelings of regret after the holidays
• Traditions that are no longer practical and do not serve any more
• Planning ahead and setting realistic goals
• Avoiding impulse buying
• Creative ways to give that are affordable and meaningful

If you have overspent this holiday season and are deep in debt, a Licensed Insolvency Trustee can help you get your finances back on track. They are the only federally regulated debt advisors in Canada and will give you honest advice about the options that are available to you. 

Bonnie Hooley has worked in the insolvency field for over 40 years. She attained her Licensed Insolvency Trustee license in 1999 and is the Past President of the Manitoba Association of Insolvency and Restructuring Professionals (MAIRP). Over the years, she has served on various boards within her community.

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