How Much Is Too Much? Parents Are Spending An Average Of $830 On Christmas Gifts This Year?


Believe it or not, it looks like American families are spending a whole lot of cash on their loved ones this holiday season. There’s a new report that says adults in the United States plan on spending more money this year than they have since 2007.

A November survey by Gallup found that US adults are planning on spending about $830 on average on Christmas gifts this year — a huge jump from last year’s $720 average.

Here’s where most of the money will go towards to this year:

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Tell us Hot Moms, how much money do you plan on spending this holiday season? I’ll be honest in saying that I’m looking for the best deals online at the moment and whenever I hit the stores, I’m always armed with coupons JUST IN CASE. I mean, I love showering my family with gifts during the holidays, but I don’t want to go broke doing it as well.

Source via Business Insider

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