The majority of budget-conscious consumers plan to be frugal with their holiday spending this year, according to a new survey by American Consumer Credit Counseling. The online survey found that while 35 percent of respondents plan to spend the same amount as last year, 20 percent indicated they were spending less and 32 percent indicated they plan to dish-out as little as possible for gifts because they are struggling financially.
These results were compiled as part of our monthly poll. Take part in this month’s poll and let us know your thoughts on this month’s topic.
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<a href="https://www.consumercredit.com/debt-resources-tools/infographics/money-management-infographic/holiday-spending/"><img src="https://www.consumercredit.com/wp-content/uploads/2020/06/holiday-spending-poll-results-infographic.jpg" alt="Holiday Spending" title="Holiday Spending" /></a>