The Cost of Holiday Cheer: Americans Gear Up for Gift …

The holidays bring joy and good tidings, but for shoppers they often mean dread. This appears especially true this year, as our study of American consumers uncovered heightened apprehension about gift p… See more

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How Much Do The Holidays Cost Americans? | National News | U.S.

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Dec 20, 2024 · The federation attributes this year’s high spending primarily to a $21 increase in the amount people are spending on gifts – mostly for family members – as approximately $641 …

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Parents Feel Pressured To Overspend On Holiday Gifts - USA TODAY

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Oct 23, 2024 · Additionally, in NerdWallet's 2024 Holiday Spending Report, nearly 3 in 10 Americans, or 28%, of Americans who used credit cards to pay for holiday gifts last year still …

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Nearly Half Of Holiday Gift-Givers Have Overspent | LendingTree

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Dec 2, 2024 · Consumers are willing to break their budgets to spread holiday cheer. While most (47%) Americans participating in gift-giving have budgeted $100 to $499, 30% still expect to …

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A Third Of Americans Would Rather Get Fewer Gifts As Holiday …

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Oct 16, 2023 · On average, Americans plan to spend $831 on holiday gifts this year, according to the 2023 holiday spending report that polled more than 2,000 U.S. adults. That constitutes …

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Americans Eager For Christmas Festivities But Worried About …

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Dec 9, 2023 · Anticipation among Americans (69%) closely mirrors that of Britons (70%). However, more Americans (63%) express financial concerns than Britons (44%), resulting in a …

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Spread Cheer Not Waste: Bringing Back The True Holiday Spirit

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The average American produces 25% more waste during the holiday season or one million tons of extra waste each week! Only a tiny fraction of this waste is recycled. The rest, around five …

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Spreading Holiday Cheer: How Americans React To Festive Gifts

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Dec 17, 2024 · Four in five (81%) believe presentation matters when giving gifts to others during the holiday, and 68% said they get more joy out of giving gifts than receiving them. While 74% …

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Holiday Giving Trends: Survey Finds 28% Of People Are Donating …

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Nov 4, 2024 · Over half of Americans plan to make a financial donation this holiday season. On average, survey respondents are planning to donate $136. Broken down by generation, Gen …

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12 Ways To Keep Inflation From Stealing Your Holiday Cheer Like …

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You can find unique, low-cost gifts in thrift stores, yard sales, or even in your own home. Plan low-cost gatherings. 42% of people say family influences their holiday spending.

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The High Cost Of Holiday Cheer - Medium

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The High Cost of Holiday Cheer. ... is expected to reach about $69.7 billion, up 2.7% from last year. $69.7 Billion. ... It’s never been about gift giving until somewhere in the mid-19th century ...

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FAQs about The Cost of Holiday Cheer: Americans Gear Up for Gift … Coupon?

How much do Americans spend on holiday gifts this year?

On average, Americans plan to spend $831 on holiday gifts this year, according to the 2023 holiday spending report that polled more than 2,000 U.S. adults. That constitutes more than $184 billion in total. Despite the plans for big spending, a large number of Americans still have debt from last year lingering over their heads. ...

How much will Americans spend on Christmas gifts in 2024?

According to new data by Gallup, American shoppers plan on spending over $1,000 on average on holiday gifts, slightly higher than what they estimated at this time a year ago. Based on a survey completed between November 6 and 20, Gallup said that Americans will spend on average $1,012 on gifts in 2024, compared to $975 in 2023. ...

How much do parents spend on Christmas gifts?

Parents of children under 18 who plan to purchase gifts this holiday season say they'll spend $1,070 on average compared to $860 their peers whose children aren't minors plan to spend, according to a new survey by NerdWallet. ...

How much does a person spend on Christmas?

With an expected per-person spending of $875, no other holiday rooted in long-standing tradition comes close to the winter holiday season, which starts on November 1 and ends on December 31. ...

What age group spends the most on gifts?

Additionally, the age group that expected to spend the most was those between ages 35 and 55, who planned to spend an average of $1,146, compared to 18-34-year-olds who planned to spend $823 and over 55s $1,023. Meanwhile, the study also said that American men were expected to spend more than women on gifts this year. ...

How many holiday shoppers want fewer gifts this year?

Additionally, around three in 10 holiday shoppers indicated they'd prefer to receive fewer gifts this year, and 26 percent plan to discuss holiday gift spending limits with their friends and family, And it's likely these money trends will continue on into the holiday season. ...