(New York, NY) — New data reveals 33-percent of shoppers plan to spend less during the holiday season than they did last year.
Bankrate’s latest survey reveals that holiday shoppers may be feeling the burden of inflation, credit card debt and living paycheck to paycheck this year. Twenty-eight-percent say they’re stressed about the cost of holiday shopping and 58-percent of shoppers plan to use a debit card this year, which could be because credit card interest rates are at record highs.
