This is my annual warning to use up those restaurant gift cards.
Lots of folks will be giving and receiving restaurant gift cards for Christmas.
Make sure that you use them as soon as you can.
Restaurants come and go quickly and you don't want to get stuck.
Today, word was announced that Darden Restaurants, which operates Red Lobster, Olive Garden and LongHorn Steakhouse restaurants, is having a bad year with all three chains underperforming.
As a result, Darden is looking to sell off the Red Lobster chain.
If a sale happens and you are holding on to a Red Lobster card, you could get stuck.
It could be honored at other Darden restaurants or at the Red Lobsters under new ownership, but there are no guarantees.
This is why I'm always telling folks to use up those cards, and don't sit on it for two years.