Setting a budget can help stop Christmas overspend, say financial advisors

Many people find themselves spending too much or using credit over the festive season

Setting a budget is a great way to avoid overspending at Christmas - that's the advice from two financial advisors on the Island.

With the extra food, gifts and decorations, it can be a very expensive time of year.

Many people find themselves spending too much or using credit they can't afford to get themselves through it.

But Paul Chase from Financial Solutions and Paul Wheeler from Chase Financial Services say planning ahead is a great way to prevent it: