What's Happening?
Certified financial planner Shannah Game appeared on ABC News Live to discuss strategies for families to manage their Christmas expenses while maximizing joy during the holiday season. Game emphasized
the importance of budgeting and planning to avoid financial stress. She provided tips on how families can prioritize spending, suggesting that experiences and meaningful gifts can often be more rewarding than expensive purchases. The discussion aimed to help viewers navigate the financial pressures of the holiday season, offering practical advice to maintain financial health.
Why It's Important?
The segment is crucial as it addresses the common financial challenges faced by families during the holiday season. With the rising cost of living, many families struggle to balance holiday spending with their financial obligations. By providing expert advice, the segment helps viewers make informed decisions, potentially reducing financial stress and promoting financial literacy. This is particularly important as financial strain can impact mental health and family dynamics, making it essential to approach holiday spending with a strategic mindset.
