The holidays may be over but your budget could still be carrying the weight of all that spending. In fact, according to a LendingTree survey, more than a third of Americans (37%) racked up holiday debt this year, averaging $1,223 — up from $1,181 last year and the highest level since 2022.
If you’re feeling the financial bloat now that the celebrations have ended, here are some tools to help you start paying it down:
How to tackle your holiday debt
Balance transfer credit cards
If you’re feeling overwhelmed by high-interest holiday credit card debt, a balance transfer card could be a smart move. These cards allow you to transfer your existing debt to a new card with a 0% interest rate for a period of 12 to 21 months. That means you won’t…