The holidays will be here soon, and many are anxious about gift-giving. Currently, this is the topic people are asking me about. They remember last year that gifts detracted from the joy of the holiday itself. Some were overwhelmed by all the gifts they received. Others were made to feel less than because they misunderstood expectations for buying gifts. And this year, budgets are tight for many families. Here's why people feel this way: 25% of Americans are still paying off debt from last holiday season, according to WalletHub; and 31% of 2024 holiday shoppers who used credit cards still haven’t paid off the balances. The same is true for 31% of 2024 holiday travelers who used a credit card for their travel expenses, according to NerdWallet. 53% of Americans admit to opening up at least one unwanted holiday gift each year, per Finder.com data; In 2024, Americans spent around $10.1 billion on presents no one wants, per Finder.com data; What if you did something …
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