It seems that people in certain age groups are more likely to blow their holiday shopping budgets than others.
MarketWatch reports that Americans are planning to spend more than $1,200 on average, this year, on holiday shopping. And in a new survey from Experian, nearly half of people who said they find staying within their holiday shopping budget challenging are members of Gen Z.
Overall, members of Gen Z were found to be twice as likely as other age groups to face some sort of financial struggle or another during their holiday shopping.
AND: 32-percent of US adults say they’re facing a COVID-caused financial barrier which will prevent them from holiday shopping as planned. Plus, more than half said they already spend too much on holiday shopping.
Browse a little more, here: (MarketWatch)