Watch holiday spending

The holidays are upon us, bringing all those personal and family images and sensations we cherish.

But for many of us, there are a few not-so-joyous holiday sights (a purse overflowing with credit card receipts) and sounds (the ca-ching! of the cash registers marking our escalating debt). These negatives can easily outweigh all that we love about the holiday season, especially during this less-than-prosperous economic period.

“Overall, the recession has brought about a renewed dedication to saving,” said Eric Tyson, author of “Personal Finance for Dummies,” 6th Edition. “Before the recession, our national personal savings rate was close to zero, and now it’s around 4 percent. But it is very important that you not let your holiday spending zap all of the saving progress you made during the year.”

“Whether it’s a dedication to the gift-giving tradition, a sense of obligation, or a feeling that the holidays entitle us to have a little more fun than usual, too many of us seem to turn a blind eye to the budget-busting reality of all that spending over just a couple of months,” Tyson said. “Don’t let excessive holiday spending cause any unnecessary financial stress for you and your family.”