There are plenty of people who don't have an emergency fund. In fact, nearly 30 percent of Americans don't, according to a report by NeighborWorks America.
In more ways than one, it’s easy to over do it during the holiday season. You can get wrapped up in the spirit, throw caution to the wind and before you know it you’ve polished off a plate of cookies and blown through your holiday shopping budget. Between gifts, holiday parties, and perhaps working fewer hours, it’s easy for debt to add up, especially if you were in a tight spot before the holiday season.