Smart (and Not So Smart) Ways to Pay for Holiday Gifts

Our weekly #CreditChat started in 2012 to help our community learn about credit and important personal finance topics (e.g. saving money, paying down debt, improving credit scores). Each chat is hosted by @Experian on Twitter and all are welcome to participate. DM us any questions.

There are many payments methods available to tackle your holiday spending. What are the pros and cons of using these options? Let’s talk about them in this week’s #CreditChat.

Topic: Smart (and Not So Smart) Ways to Pay for Holiday Gifts

When: Wednesday, November 16, 2022 at 3 p.m. ET.

Where: Join the live hashtag discussion

The panel will include Leslie H. Tayne, Esq: Founder and Managing Director of Tayne Law Group, P.C. (f/k/a The Law Offices of Leslie H. Tayne, P.C.); Beverly Harzog: Credit Card Expert and Consumer Finance Analyst for U.S. News; Rod Griffin: Senior Director, Consumer Education and Advocacy, Experian and Christina Roman: Consumer Education and Advocacy Manager at Experian.

Gift Card Giveaway

Enter here for a chance to win a $50 Amazon gift card! We will be announcing a winner at the end of the chat. Entry Period: Raffle open now and closes at the end of this chat at 4 p.m. ET. Complete rules here.

Questions we will discuss:

  1. What are some trends in holiday shopping and spending people should be aware of?
  2. What are the pros and cons of using cash during the holidays?
  3. What should you know about buying your gifts with a credit card?
  4. What should you know about applying for instant credit at stores or online during the holidays?
  5. What are some potential benefits and risks of using buy now pay later options during the holidays?
  6. What are some examples of predatory lending that sound great around the holidays, but could leave you with regrets after?
  7. Are personal loans a good alternative for large holiday purchases?
  8. What are some gift-giving options if you are struggling to afford gifts?
  9. What are some options for earning or bringing in last-minute cash for the holidays?
  10. Any final tips for those preparing to purchase holiday gifts?

Check out our complete list of upcoming personal finance Twitter chats here.