100 Days – 100 Ways to Save for Christmas

TORONTO, ON – Santa may still be enjoying his summer vacation, but with one hundred days to go until Christmas, there is no better time than now to start your holiday budget.

To help you save for a debt free 2013, Consolidated Credit Counseling Services of Canada, Inc. is launching a Twitter campaign to provide one hundred savvy tips to save for the winter holidays. The 100 Days – 100 Ways to Save for Christmas hash tag #100Days100Ways will launch on Sunday, September 16th and offer frugal and savvy tips every day until December 24th.

“The winter holidays are the most expensive time of year for consumers,” says Jeffrey Schwartz, executive director of Consolidated Credit Counseling Services of Canada. “As consumers, we go into a spending frenzy during the holidays. People don’t think twice about spending next year’s money on this year’s gifts.”

According to a 2011 BMO poll, the average Canadian family will spend close to $1400 over the course of the holiday season on everything from gifts and decorations to travel and entertainment. Almost a quarter will finance their holiday spending on credit cards.

“If you start to plan holiday spending early, there should be no need to make any purchases by plastic,” added Schwartz. “By providing daily tips and holiday savings strategies, hopefully we can educate consumers and help more Canadians be debt free in 2013.”

Throughout the one hundred day campaign, Consolidated Credit will be providing links to informative articles, budget tools and spending worksheets. The organization will also be calling upon industry partners, financial experts and consumers to add their own tips and tricks for holiday savings.

To stay up to date on Consolidated Credit’s holiday savings tips follow the organization on twitter @Debt_Free_2Day or #100Days100Ways.

Press Inquiries

pr@consolidatedcredit.ca
1-800-656-4120 x 1064