SGL Live on WGN 9 News – Avoiding Holiday Overspending

The latest Federal Reserve report shows household debt has reached a record $18 trillion. Financial expert and SGL Financial’s very own, Steve Lewit, joins WGN 9 News to share practical strategies for enjoying the holiday season without overspending.

Here’s what was covered Live on WGN 9 News:

• Take control of holiday spending by creating a detailed gift list with set budgets for each person and pause before buying to avoid impulse splurges.
• Review and consolidate all your existing debt so you know exactly what you owe before adding any new purchases.
• Use Buy Now, Pay Later wisely, as it can help spread out payments but may lead to hidden debt and unexpected fees if not tracked carefully.