Holiday shopping tips you can't afford to miss

The festive and fun nature of the holiday season can make it easy to forget the benefits of being frugal. Many people go overboard on holiday spending, making this time of year costly for consumers. Sales between the beginning of November 2023 and Christmas Eve 2023 climbed 3.

1 percent from the year earlier, according to the Mastercard SpendingPulse. The National Retail Federation reported in November 2023 that holiday spending was expected to reach between $957 and $966 billion. Trading Economics, a financial market indicator and forecast provider, said personal spending in the United States only rose 0.



2 percent in May 2024 from the previous month, which marked the lowest increase since January 2024. Shoppers who want to spend less and stick to a budget for holiday entertaining and gifting can keep these budgeting tips in mind. The holidays can be expensive, but with smart budgeting and dedication to savvy shopping, staying out of financial trouble is possible.

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