Personal Finance Round-Up: Avoid Holiday Scams

santa holiday scamSaving money during the Christmas shopping seasons is a great idea, and buying used is one way to do just that. There are plenty of things you can buy used that still make for a great gift and aren’t even a bit tacky. Such gifts include used cars, sports gear, electronics, and even upscale used jewelry.

There are also many places to buy used including online classifieds and through private parties. However, it’s important to be wary of scams. With the widespread use of the Internet and online classifieds, scamming has taken a huge leap. Scammers are trickier, faster, and often more believable. Nothing would ruin Christmas faster than the lure of a deal too good to be true and being scammed out of your holiday savings.

Online classified aren’t the only scams floating around this year. Money Talks News published The 12 Scams of Christmas which is a very helpful list of hot scams this holiday season to look out for.

Here are some more articles and warnings for the holiday season:

10 Ridiculous Gadgets Worth the Money. Maybe. [Squawkfox]
There are some things you would think are gag gifts and certainly not worth the money. However, these ten things don’t fit that build. See if they would be appropriate for anyone on your Christmas list this year.

Why It’s Getting Harder, and Riskier, to Bet the House [New York Times]
Betting the house or using your mortgage to fund your small business has been practiced for many years but it may not be the smartest way to do things now.

11 Steps to Financial Freedom – Step 11: Create Your Final Plan [Boomer and Echo]
Along with your New Year’s resolutions this year, create a plan to go with your goals and ensure their success.

Avoid Debt This Holiday Season [Financial Highway]
Don’t let Christmas be a reason to go into debt. You’ve worked hard to stay debt free and you can’t put a price on that security.

Credit Card Scams and How to Avoid Them [Wealth Pilgrim]
Don’t let these scams ruin your holidays. Know them, recognize the signs and be prepared in case someone tries to pull one on you.

Work From Home Ideas to Bring in Extra Income This Holiday Season [Work From Home]
As an alterative to going into debt over the holidays, why not make a little extra money to pay for gifts and travel?

Are You Financially Prepared for Bad Health? [Sun Life Financial]
Health problems will put a damper on any situation but when those cause financial stress, things can unravel fast.

Home Improvements That Pay You Back [Prairie Eco Thrifter]
These are gifts that keep on giving. If you’re looking to improve your home, look at the improvements with the biggest and longest-lasting value.