TYLER, TEXAS (KETK) — It's the time of year where may people are over spending and it's sending some people into debt, but studies show Americans are planning ahead.
East Texans are trying to avoid holiday debt.
A Gallup Poll reports, Americans will spend 10% less this year, which is a good sign.
SaveUp.com reports, more than 40 percent of Americans plan to avoid using their credit card this season.
Jay Oliver, Financial Advisor of Rose Point Capitol in Tyler says, if people plan ahead they can avoid getting into serious holiday debt.
"There are some inexpensive ways to express the love and joy of the season without over spending," said Oliver.
Oliver says, make a Christmas list and stick to it. "Once you get a list in place and you can go through and budget, if you've got to put all these purchases on your credit card and take several years to pay them off," said Oliver.
So if you can't afford the things you're buying he has some tips for you, "To pay for it as you go along or pay it all off at the end of the month when you get your credit card bill then you're probably spending to much," said Oliver.
We spoke to East Texans about their spending habits.
"Sales ads, I take them to every store and I get them to price check and meet the ads," said Debbie Cullipher.
One East Texan tells us, she's sure knows what it's like to have holiday debt.
"Last year I finally decided that I was going to do Christmas and I wasn't going to be in debt when it was over with, I made sure I saved ahead of time and decided to cut back on spending," said Doretha Braxton, avoids holiday debt.
"If we don't find the bargains we still do not go overboard and go into debt during the holidays," said Kirby Jennings, Christmas shopper.
Oliver says, as you're shopping this season just be realistic, if you're having financial difficulties, don't buy what you can't afford because you'll spend the new year paying for it.