In Virginia, people are planning to spend less this holiday season. A recent survey shows that households expect to spend about $1, 035, which is less than last year. They are focusing more on gifts and cutting back on other things like clothes, electronics, and going out. This trend is not just in
This holiday season, Americans are set to overspend on unwanted gifts, racking up a whopping $10. 1 billion in disappointing presents. That's right, nearly 53% of adults in the US will unwrap at least one gift they don't like. The average cost of these unwanted gifts has risen to $72, up from $66 la
This holiday season, Americans are not just buying gifts—they're casting votes on the economy with their wallets. The University of Michigan's Surveys of Consumers, directed by economist Joanne Hsu, has been tracking consumer sentiment for over 75 years. This trusted index shows that how people feel
Thinking of joining the "No Spend November" bandwagon? Experts have a few things to say about that. This challenge encourages people to only spend on essentials like food, rent, and bills for a month. The main goal? Avoid holiday debt while boosting savings. Sounds good, right? But there's a catch.
