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5 ways we waste money over the holidays

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    Personal finance expert Vera Gibbons gives her tips

  • Duration 2:40
  • Date

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Well I had Yani started your Christmas shopping he's dead.

-- there's a new study that says he'll spend an average of 750.

Dollars this year.

But don't fall into the trap of spending more than that.

Here with top five ways that we waste money over the holidays as our personal finance accident theory -- airline morning -- couldn't first staff what is it have a budget.

Have a budget have a list and could win on the list down.

So many people are shopping with analysts about a budget they're not sending any kind of spending limits and we are spending.

Fourteen million Americans are carrying -- from last year.

And last year's last cent from last year's Christmas an -- on -- even happening you know it's a record Cyber Monday of one point five billion.

59 million -- -- -- -- a Thanksgiving -- I think people are.

Spending a little tonight -- 730 dollars sounds like a lot and it does add up quickly OK so I you say don't pay too much for shipping and how do you avoid that because somebody -- -- Make you pay for your on shipping -- unless you spend a certain amount but if you plan on the ship shopping online is what people are this year.

One way to dodge says Heather is to order online and then have it shipped to date retailers bricks brick and mortar location if that's an option.

Throughout the 25 dollars who cares -- Another thing -- free shipping has you find those on line.

So I would look for those and then there's free shipping day December 17 and about a thousand merchants participating in this where.

Think guaranteed delivery by Christmas -- 124 of no shipping -- -- right -- -- that December 7 summer seventy -- and the free shipping so it's reshaping our front line give a good piece of advice for comparison shopping.

People are getting a little bit better at this that yes you want to do that before you head out to make sure you're separating the big deals from the ho hum.

There are sites their web sites -- apps fat wallet Google shopper consumer world dot org has a good price -- as well.

And you can even check the histories of the prices on price -- dot -- to see how much was six months ago -- today you wanna make sure you're getting a good deal because -- so many deals out there you can separate -- that -- the good from that.

Not -- and here's one that always frustrates me when they try to get you to sign up for credit card and your credit score can take a real hit it -- and start -- you see a lot of these -- cards being heavily touted this time -- -- sign -- save 15%.

If you sign up for too many yeah I your credit score could definitely take a hit here and the industry -- saying -- governor of 20% another big thing their papers just Amir's extended warranty.

We spent over a billion dollars on them over the holiday more slippery -- -- year or whatever you buy it now it's a money -- for the retailers but consumer reports finds that generally speaking you do not need the extended warranties have.

-- -- Avoid that aboard that extend working Vera Gibbons thank you thank -- again and it is now.

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