Money Smart

Money Smart: Tips for Avoiding a Financial Holiday Hangover

This Christmas, Shannon and Greg Webb plan to create a new holiday experience for their family.

The Webbs admit money is tight, but they still want to make Christmas special for their six children.

Their solution is to try to do more with less.

Financial planning expert Jeff Motske tells KTLA the key to being money smart this holiday, is making a plan and avoiding the lure of credit cards.

Lu Parker has more tips on how to avoid a financial holiday hangover.