The decorations have been put away, and mailboxes are now filling with credit card bills instead of holiday cards.
If you binged on gifts and entertainment in December and your card balances are higher than you were expecting, it's important to make a plan to pay down the debt as quickly as possible, credit experts say.
More from The New York Times:
You don't want what Wells Fargo is selling. What should it do now?
A tool kit for the donor eager to grasp all the risks of donation
Death is inevitable. Financial turmoil afterward isn't.
"Don't put those bills aside, thinking they'll look better if you come back to them later," said Bruce McClary, spokesman for the National Foundation for Credit Counseling. When it comes to paying down high-interest card debt, he said, "time is not your friend."