At this gift-giving time of year, there’s a lot of pressure to buy the perfect presents – despite the cost. “What we see at Credit Canada is that people are going into this holiday with money still owing from last holiday. So you can see how the domino effect starts and it builds and builds,” Credit Canada’s CEO Laurie Campbell tells the New AM 740’s Goldhawk Fights Back. She says many consumers who get into financial trouble at this time of year, don’t have a spending plan. “That’s certainly one of the problems we see time and time again. We see unemployment. We see health issues and things like that. But certainly, there is an element of individuals that have no spending plan and they’ve never had that talk with their children or family members.” Campbell goes on to advise that if you haven’t already done it, begin with a review of last year’s gift list and a serious look at ways to cut your spending.