Facts and figures for the holidays 2019: Shopping

How are you doing with your holiday shopping? Have you overspent your budget? 

Consumers say they'll spend an average of $1,047.83 this holiday season, up 4 percent from the $1,007.24 they said they would spend last year, according to the National Retail Federation. Total spending is expected to reach between $727.9 billion and $730.7 billion. 

One in five Americans will owe holiday credit card debt into February, at least, according to a survey by WalletHub, a personal finance website. Fifty-eight percent will pay in full by the due date, 19 percent will pay in full by New Year's Day, and 12 percent will still have a holiday balance after January. 

Another WelletHub survey found the top two financial resolutions for 2020 are: (1) repay 20 percent of credit card debt, and (2) add one month’s pay to an emergency fund.

Here are other facts on holiday spending this year, according to the WalletHub survey: 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Comments

[bikobba]

There are goods at different prices. You can choose low-priced items for gifts. But at the same time your gift will be very valuable.