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Nearly one in three Americans says he or she is cutting back on holiday spending this year one and three.
That's according to fight -- the folks who invented credit school worst.
The online survey also found shoppers are thinking twice about putting gifts on plastic.
In fact the city -- credit card debt as people's biggest money worry.
Turns -- a lot of folks -- might not even know about some charges that are showing up on their credit cards the anti fraud firm -- guard dot com.
Calls the great charges.
Did they hidden charges buried in some bills monthly bills things like online subscriptions from services from years ago that.
May not even remember buying.
According to build guard those hidden expenses could be cost you hundreds of dollars every year.
With the -- personal finance advisor.
-- -- -- -- -- -- -- Think he showed great to be with you what kind of charges are we talking about how come I don't know about.
Well it's funny these charges may seem very small at first but over time.
They can be a big time cost -- credit card bill and let's face of the average American is were just about making their credit card payments are not even thinking about how to check their statements.
Only one in ten people check those statements in May be five dollars a month ten dollars a month.
Add that up over the year the average cost is about 350.
Dollars a year that the average person simply has the money go to their fingers.
It is missing out on -- benefit at all for what they're paying for.
Yeah I just looked at my statement and and I'm I'm getting billed by Netflix and I haven't used this Netflix account and two years I mean I found it like that I don't know what it's it's like six bucks a month but that's a lot of money at the end of the year.
That's right -- one.
-- you think about Netflix is a great example half of all these charges -- on I used to memberships are misunderstood memberships like Netflix.
The video companies gym memberships one example that we saw people who have previously used.
Dial up Internet now have broadband three million people across the country still double -- for that.
The key is look at your bill.
Line -- line to see how much your pain ultimately it's your money in your responsibility -- have to make sure those costs are taking care of it taken off.
That credit cards that you can't be shy about it hey you -- call leave the credit card company on anything they charging you about the but anyway I mean you might as well use the service.
That's right you want to make sure that you're in control of the credit card so many people think about spending money especially this holiday season right now -- There's going to be so many people offered new credit cards.
You want to make sure you know the terms of that credit card.
In if you do take the card what other ancillary cost come with that one of the biggest cost for example for viewers to know definitely about.
What's called an opt -- service I mean as.
You are -- -- -- automatically some of these charges.
It's your responsibility to talk to Alex to make sure not -- -- built for them you may think it's not fair but the law say this there.
You've got to be a buyer beware consumer make sure that you're not spending money that you're getting no benefit for at all there -- live with a good advice there thank --
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