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A holiday budget is important if you want to manage your spending this season. Like any money management tip, a budget plan will help you take full control of your finances. This is especially true if you know that your funds will not be enough to finance what you plan on buying. When you have so little to work with, you sometimes have to take drastic steps in order to make ends meet. We all know where financial desperation leads us - to debt. It is true that a lot of people will not think twice about putting themselves in debt as long as it will help them enjoy the season. But this way of thinking is not right. We need to stop thinking about debt as a solution when our finances are not enough for our needs. Looking at the forecast of the experts when it comes to this coming holidays, it is obvious that you will be needing a bigger amount than you spent in the previous year. Reuters.comreported that the holiday sales are expected to rise by 2.8% this year. This data was taken from RetailNext, an analytics firm tracking major US retailers. While this may be a small increase, it is expected that the average spending will rise. That means people will be spending more. This probably means there will be people who will not spend anything at all. The question is, which one will you be? Will you spend more or will you spend less this season? Of course, this data is just a forecast. It is up to you if you will do as the statistics say or you will pave your own way. One thing is for sure, you have to think twice before you let your holiday spending lead you to debt. Although it might lead you to enjoy the season further, it will not make the feeling last. You will regret it after the holidays. If you think that your holiday budget will fall short this season, there are two things that you can do to will keep you from incurring debt this season.