Postponing Holiday Shopping Until January To Save Money
Between the piles of presents, decadent decorations and massive meals, the high costs of the holiday season can make anyone feel like Scrooge. As a result, some people are considering postponing their celebrations a few days, or even a week, to save big-time green.
A new CouponCabin.com survey reveals that more than one-quarter (29 percent) of those who celebrate Christmas are at least somewhat likely to consider postponing their celebration to a later date so they can save money.
In a news release, CouponCabin.com said, in addition, more than one-third (34 percent) of U.S. adults would consider waiting until January to do most of their holiday shopping in order to save money.
For some, postponing their holiday celebration can be a way to reduce the inevitable money anxiety associated with the season. Three-in-four (75 percent) are at least somewhat concerned with holiday expenses (buying gifts, entertaining, attending holiday parties) this year; furthermore, 19 percent are very concerned. Only one-quarter (25 percent) report not being concerned at all with holiday expenses this year.
Many of those who celebrate the holidays are open to changes in their get-togethers. More than eight-in-ten (82 percent) U.S. adults report they are flexible when it comes to holiday celebrations. Nearly one-third (32 percent) said it doesn't matter what day their family and friends celebrate or exchange gifts.