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Americans Spending Big On Holiday Gifts

Posted by Ally Reid at Sunday, October 20, 2024 at 8:35 PM

The holiday shopping season is here, and Americans are opening up their wallets. A Nerdwallet survey found that Americans will spend $925 on average on gifts for family and friends - up from $831 last year. It also found that all that shopping is stressing us out - 55% said they're stressed by holiday spending, and 28% were still paying off credit card balances from last year's shopping spree. Source: Nerdwallet

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