Shoppers Will Cut Back Holiday Spending This Year

holidayshopping.jpg

How many of you are still trying to pay off what you spent last holiday season? Consumer Reports says 12 million Americans are still carrying debt from last year, which is causing 76 percent of consumers to say they’re cutting back spending this year on gifts, travel, entertaining, decorations, charitable giving, holiday cards, and tipping, according to a new Holiday Shopping Poll.

Among the poll results? About 59 percent said they will be giving fewer gifts, and nearly half (49 percent) will be cutting their travel plans.

Most consumers (84 percent) said they were willing to sacrifice buying gifts for themselves this year. But Fido will still make it out OK. Only 23 percent of respondents plan viagra ohne rezept to cut back on gifts for their pets this season — far fewer than those willing to cut back on buying for friends and families (40 percent), service providers (30 percent) or co-workers (29 percent).

hehehe… You can blame the dog if you don’t get a gift this year!

The one piece of good news from all this is that consumers remain optimistic that this holiday will still be as good as in year’s past. Eighty-eight percent expect their holidays to be at least as happy as last year and 28 percent expect to be even happier than last year.

Ah, optimism. I’m going to try not to remember that Oscar Wilde said, “The basis of optimism is sheer terror.”

So how’s about it? Are you guys planning on cutting back on holiday spending this year? Have you already started mentally debating which family, friend or co-worker gets cut from your list? Do you have any plans on how to save on gifts this year. Or levitra are you just going to spend like there’s no tomorrow because hey, Christmas, Hanukkah, and Kwanzaa only happen once a year?!

Pai partners

(AP Photo)

Related posts: Georgia tech football radio, 1919 world series, Kcbs, Obama wins ohio, Colin Powell endorses Barack Obama