Holiday gift-giving has gotten out of hand.
WalletHub reports that the average person will spend over $1,000 this holiday season, while more than 25 per cent of people who put holiday purchases on their credit cards last year are still paying the presents off, according to Marketwatch.
It doesn’t need to be this way, but it can be hard to say “no” during the holidays. We want to be accepted by our friends and loved ones, and we want to make our children happy. But you have to draw the line.
So, do you keep a holiday budget? And if so, how are you keeping it in-check this year?