6 strategies to seriously hamstring savings

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6 ways to sabotage savings
Splurge on gifts
What better way to celebrate than by going into debt? Forget gifts from the heart and deep, meaningful sentiments. Presents should reveal how much extra dough the giver has to throw around. If holiday bills aren’t still rolling in come July, you didn’t do it right. According to Unity Marketing’s Gift Tracker survey of more than 600 consumers conducted in January 2006, holiday gift givers spent nearly 20 percent more than they planned, buying Christmas and Hanukkah gifts.