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The Sound of Ideas - Holiday Debt
 
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After the guests have left, the leftovers have been eaten or stored, and the holiday bloat has subsided-life after the holidays will return to its calm, peaceful norm. That is, until you get your credit card bill in the mail. Holiday debt affects even the most frugal of us.Studies show that in 2014 the average American family owes a little over $7,000 in credit card debt. So how can consumers keep from running up the holiday debt? What are the most common financial traps people fall into around this time of year? On the next Sounds of Ideas, we'll offer some advice & tips about avoiding & getting rid of holiday debt as well as discuss some quick and low cost holiday gift ideas.

Guests:

Chris Hogan, Financial Expert and Speaker, Ramsey Personalities
Sheryl Harris, Consumer Columnist, The Plain Dealer
Elizabeth Scheiderer, Investment Representative, NCA Financial Planners
Brian Autero, Managing Attorney, Rauser & Associates
December 22, 2014