So, another year has almost gone, and it's that festive time of the year. Christmas!

This being the season of giving, there are multitudes of people out there right now who are doing just that. If you don't know how much you can afford to spend, and spend indiscriminately, then chances are you will probably start the New Year in a very precarious financial state.

During the past 12 months, SISIP Financial Counsellors have provided individual financial counselling to CF personnel and their spouses, and given group presentations to over 7000 military and civilian personnel.

Many people who come for guidance have no idea how much money they spend on expenses and debts. If you have any doubts as to how and where your money is being spent, a monthly budget is the best way to ensure that you only spend what you plan to when you go out. A SISIP Financial Counsellor would be happy to offer you free and confidential assistance. They are trained and they have a great deal of experience to help you produce a more accurate budget than you probably could on your own. How many people remember to budget for items such as pet supplies, Internet fees, banking charges, and even their kids' weekly allowances?

The situations that Financial Counsellors deal with are as diverse as the people themselves. However, it doesn't take long to read the tea leaves and pick up on some trends that are worthwhile mentioning as a warning.

At the very least, and for the sake of an hour or two, a SISIP Financial Counsellor can show you on paper where you stand financially. Knowing what you can afford and what you are willing to pay for something will help you to curb any excess spending.

If you are doing your Christmas shopping, or any shopping for that matter, a recent SISIP Financial Counselling article entitled Tips and Traps on Credit Use, refers to the many hazards of credit, and its use.

Remember, the bills will still be there long after the thrill of giving and receiving has gone.

Merry Christmas - Joyeux Noël!