Alia Dudum: December 13, 2017

HOLIDAY FINANCE 101 

HOW TO KEEP YOUR SPENDING ON TRACK AND AVOID A HOLIDAY HANGOVER

Alia Dudum

Millennial Money Expert

 

Spending money has become way too easy. We’ve all been there, our expenses outgrown our incomes and the holiday season exacerbates this problem, causing many to fall deeper into debt. These are the times when a lot of people turn to credit cards as the solution. We need a way that’s as easy to get out of debt as it is to get into debt so that we own our financial lives.

The statistics are alarming:

  • US credit card balances approximate $1 trillion
  • 47% of Americans can’t cover a $400 emergency expense
  • 57% of US consumers, or appx 138 million adults, are considered “financially unhealthy”
  • Only 35% of credit card users don’t carry a balance–they pay off their bill every month.

Alia Dudum is a millennial money expert who is already living the American dream in her early 30s. She is available for live interviews to provide advice on how to keep your finances on track during a heavy spending season.

Some of her advice for financial resolutions in 2018 include:

  • UNLESS YOU CAN PAY CASH…DON’T BUY IT. Credit cards are basically a high interest loan. Don’t be one of the 65% of people that keep this credit card debt going.
  • SET REALISTIC BOUNDARIES: Compile a list of all the people in your life you want to give gifts to and place an amount next to each person. Stick to it! This will help avoid overspending.
  • CONSIDER A PERSONAL LOAN: Still find yourself in debt after the holiday season? Consider taking out a personal loan. Personal loans are an easy and affordable way to refinance that high interest credit card debt.

For more information please visit www.lendingclub.com

 

MORE ABOUT ALIA DUDUM:

Alia Dudum is a millennial money expert. She’s living the American Dream by become a homeowner in San Francisco in her 20s. She has a dream to empower other millennials to get out of debt and take control of their financial life. She has gained her financial chops by working at financial establishments like LendingClub, Personal Capital, Simple, Mint.com/Intuit, Quicken, and PayPal to name a few.

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