13 million 2009 Christmas shoppers still in debt.
2010 Are you getting ready
for your holiday shopping or are you neck deep in it already? Along
with the post Thanksgiving holiday shopping came some interesting
statistics in the news about our shopping habits. Thinking about
budgets, credit cards, and cash typically accompanies many holiday
shopping plans, and rightly so. According to the November 20, 2010
Suze Orman personal finance show holiday shoppers will spend an
average of $689.00 during the season. They will also spend an
additional $107.50 on themselves.
The offers presented to us may look very appealing, but it is important to keep perspective about your own economic well being. Paying interest on your purchases for a year, or longer, could easily evaporate the savings you found during the sales. Consider only buying the deals that fall within your budget and that you have been saving and planning for, or find other gift giving alternatives.
|The Quarter Roll is published to provide personal insights and opinions on everyday ways of saving and managing money, budgeting, and reducing debt. The Quarter Roll does not give professional accounting, legal, or investing counsel. The ideas, examples, and advice presented on this site are solely the opinion of the authors based on his or her personal experiences. All photos courtesy of The Quarter Roll, iStockphoto, or Dreamstime. © All rights reserved.||This site is best viewed when using Adobe Flash Player.|