Most Holiday Shoppers Still Paying-Off Last Season's Debt
"There's this myth that planning ahead and budgeting always ensures you don't overspend. But in reality, creating and even sticking to a budget won't make you immune…
Most Holiday Shoppers Still Paying-Off Last Season's Debt
"There's this myth that planning ahead and budgeting always ensures you don't overspend. But in reality, creating and even sticking to a budget won't make you immune to holiday debt," Courtney Jespersen, a consumer savings expert at NerdWallet, says in the survey. "It's so important to set a realistic ceiling for your spending."
During the 2016 season, boomers proved most likely to take on debt to finance their purchases, with 63 percent of respondents copping to the habit. Other generations took on debt as well, including 58 percent of Gen-Xers and 40 percent of millennials. ...
https://www.cnbc.com/2017/11/17/shoppers-are-still-paying-off-debt-from-2016-holidays.html
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