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Save your finances after the Christmas blowout

Save your finances after the Christmas blowout
Aussies blew millions over Christmas, whacking debt onto credit cards with interest free periods set to run out. Here’s how to get over your debt.
Money
by Sarah Sharples
27th Jan 2021 7:16 PM
The end of year celebrations are over but you've still got a huge financial hangover that is lingering - and it's a problem that isn't going away.
Funding Christmas festivities pushed Aussies $24.3 billion deeper into debt as they splurged on credit cards, revealed comparison website Finder
That level of spending works out be more than $1,700 per card.
With an average 55-day interest-free period, it's expected the interest from Christmas shopping will cost Aussies $194 million, Finder found.

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