So there are many things we need to teach our children so that when they are old they don’t stray from it. One I will teach them is to stay away from Christmas debt. Christmas debt is crazy! Next Christmas you will still be paying this one off and the bank will send you a new email with a new loan promotion. They sell it as a loan - i.e. we want to help you. It is debt i.e. come and work for us for the foreseeable future.

The bank needs a new building, their shareholders are looking for better returns. Come and help us… Say No! Don't help them. Bah humbug!