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77% of Americans Will Make This Major Holiday Shopping Mistake


77% of Americans Will Make This Major Holiday Shopping Mistake

Americans certainly don't seem to shy away from getting into the holiday spirit. From toys to gadgets to clothing, the average shopper spends over $900 on gifts. But while it's nice to be generous and spread some much-needed joy, there comes a point when all that spending can really mess up our finances.

That's why it's critical to create a holiday budget to help yourself stay on track. And the good news is that holiday budgets are rather common, with nearly two-thirds of the population taking the time to create them. There's just one problem -- most of those same folks end up exceeding them. In fact, 77% of Americans say they're planning to go over their holiday budgets, according to a Coinstar study.

IMAGE SOURCE: GETTY IMAGES.

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Source: Fool.com


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