How do you manage financial stress around the holidays?

In this week’s episode of Money Glow Up, host Tiffany Aliche speaks to Michael Liersch, head of Advice and Planning for Wealth and Investment Management at Wells Fargo. Liersch offers insight for managing financial stress, budgeting, and why people so often find themselves financially strapped during the holidays. Tiffany Aliche creates a space to share real and inspiring money stories, learn financial fundamentals, and build your future. Step into the classroom with Money Glow Up with Tiffany Aliche—aka The Budgetnista—to jump-start your financial journey. Have a money story of your own? Questions? Fan mail? Email us at [email protected]. Find this episode's transcripts and more episodes of Money Glow Up at http://finance.yahoo.com/videos/series/money-glow-up/. 01:25 - Michael Liersch joins Money Glow Up 02:05 - Liersch's background in cognitive psychology 02:50 - Most common holiday financial stressors 03:43 - How cognitive psychology explains holiday debt 04:37 - How to manage holiday stress 05:58 - Budgeting for holiday gifts 13:19 - Best practices for credit card use 14:49 - Financially preparing for the new year 15:39 - Having a financial accountability partner 16:28 - Tips for decreasing financial anxiety 18:35 - Liersch's holiday gift nostalgia 20:15 - Why you should talk openly about money 20:49 - Takeaways Yahoo Finance's Money Glow Up is hosted by Tiffany Aliche, and produced by Lauren Pokedoff and Shelby Boamah.