78% of Americans Are Cutting Back In 5 Areas This Holiday Season

A new survey from Neighbor has found that 78% of Americans plan to cut back on spending this holiday season. This is hardly surprising given the high inflation and rising interest rates.

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Where Are Americans Cutting Back?

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Of the 78% planning to scale back their holidays, the following expenses will be reduced...

42% will buy fewer presents

31% will travel less

34% will not purchase new holiday decorations

27% will host fewer parties or gatherings

20% will be making fewer charitable donations

All Americans Are Affected

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More Hikes To Come

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You can take steps to safeguard your savings! Swipe up to read how you can offset some of the lost value of your cash

TOP STORIES

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