McLEAN, Va. (11/24/14)--If you really want to give a meaningful holiday gift this year, think beyond traditional items such as clothing and gift cards. A recent survey conducted for Charles Schwab shows that more than half (53%) of those surveyed say cash to help pay off credit card bills would be their top choice as an unexpected holiday gift (USA Today Nov. 12).
A holiday gift to pay down debt can help someone save on interest payments as well as help the recipient feel more financially secure as he or she grapples with debt.
Other financial gifts to consider:
For related information, read "Holidays are Rich With Teachable Money Moments" in the Home & Family Finance Resource Center.