Are layaway plans or credit cards better for saving money?
The holiday season often leaves people a little rosier, plumper and, unfortunately, poorer. The average American will spend $832.36 on holiday shopping in 2008, and the bulk of that tab can piggyback on your finances into the next year. Shelling out nearly a grand for an assortment of sweaters, DVDs and animatronic dolls for friends and family leaves many starting January in economic doldrums. No wonder getting out of debt is one of the most common New Year’s resolutions. That steep sum for holiday expenses is actually a reflection of scaling back rather than indulging. The National Retail Federation’s annual survey found that consumers have their eyes peeled for bargains during the holidays. The Federal Trade Commission also recommends that budget-conscious shoppers stick to lists, seek
The holiday season often leaves people a little rosier, plumper and, unfortunately, poorer. The average American will spend $832.36 on holiday shopping in 2008, and the bulk of that tab can piggyback on your finances into the next year. Shelling out nearly a grand for an assortment of sweaters, DVDs and animatronic dolls for friends and family leaves many starting January in economic doldrums. No wonder getting out of debt is one of the most common New Year’s resolutions. That steep sum for holiday expenses is actually a reflection of scaling back rather than indulging. The National Retail Federation’s annual survey found that consumers have their eyes peeled for bargains during the holidays. The Federal Trade Commission also recommends that budget-conscious shoppers stick to lists, see
