Posted 12/14/2023, 7:51:12 PM
Holiday Spending Set to Outpace Pre-Pandemic Levels Despite Economic Worries
- Holiday spending expected to surpass pre-pandemic levels for the first time, growing 3-4% over 2022
- 80% of Americans plan to spend up to $1,000 this holiday season
- Millennials 3x more likely to spend big compared to other generations
- 71% worried about expected holiday spending due to record high credit card debt
- Ways to save budgeting, setting expectations, seeking financial advice, using money apps