Gen Z faces unique money challenges during the holidays, dealing with inflation, rent, and low salaries. To avoid holiday debt, set a realistic budget based on actual income and expenses. Consider using apps to track spending and redirect money from nonessentials to a holiday fund. Avoid overspending by unfollowing social media accounts that promote excessive spending.

To prevent overspending, use tools like spending notifications on banking apps and compare prices with apps like Honey. Set up separate accounts for holiday spending and add a waiting period for nonessential purchases. Limit credit card use and consider using cash or debit cards for holiday purchases. Utilize side hustle opportunities to earn extra holiday cash without impacting regular income.

Read more at Yahoo Finance: 5 Smart Money Moves Gen Z Needs To Make Before the Holidays Hit