The holiday season can be an exciting time for many. However, holiday shopping and its associated costs can be stressful. According to a LendingTree survey, almost 50% of American consumers are dreading the holidays, due to their expensive costs.
by Viviana VazquezWith the holiday season approaching, millions of people will be conducting their holiday purchases soon. However, a recent report by Deloitte showcased that 11.5% of consumers will not be partaking in the holiday shopping season due to these reasons.
by Viviana VazquezThis time of year can tempt many people to go over budget and dip into credit card funds and financing options. According to Market Watch, around 44% of shoppers accumulated more than $1,000 worth of credit card debt during the 2017-2018 holiday season.
by Nailah HerbertWith this year’s holiday season right around the corner, it is the best time for businesses to increase their profits. As the economy is returning to normal, consumers are expected to spend between $843.4 billion and $859 billion.
by Nailah HerbertIf you are unsure how much you can afford to spend for the holidays, then use the Gift Max Formula. Finance experts suggest that no more than 1% of your income should go towards your holiday spending.
by CapWayBuying gifts for the people in your life can make you feel good, but your pockets can be left in bad shape if your gifts lead you to take on credit card debt or mess up your budget.
by CapWayBlack Friday is right around the corner and many will spend large sums of money shopping for gifts. Although purchasing items at a fraction of the price may provide happiness, it is essential to have a budget to not overspend during the holiday.
by Nailah Herbert