Why Are We Shelling Out Over $1K for Christmas?
Takeaways:
- This year, the average American is set to drop over $1,000 on Christmas gifts, which is pretty wild.
- Gallup's stats show that the holiday spending habit just keeps inflating every year, and it's not slowing down.
- Spending big on gifts feels like a must to show love, even if it makes our wallets cringe.
- We often question the traditions we follow, yet we can't seem to break free from them, especially during the holidays.
- The idea of opting out of gift-giving can feel daunting, and I'm right there with you on that struggle.
- Every holiday season, it feels like we’re just paying for love, and the cost keeps rising.
Links referenced in this episode:
Companies mentioned in this episode:
- Gallup
- jamesabrown.net
This podcast uses the following third-party services for analysis:
Podcorn - https://podcorn.com/privacy
Transcript
This is the Daily note from jamesabrown.net the average American will spend more than $1,000 on Christmas gifts this year.
Speaker A:That's according to Gallup.
Speaker A:And that number keeps climbing year after year, over $1,000 to prove you care for one day, for traditions that we question but can't quit for some reason.
Speaker A:Now, I'm not immune to this.
Speaker A:I see the budget, I wince, and I spend it anyway.
Speaker A:Because what's the alternative?
Speaker A:Sitting everyone down and explaining that we're opting out?
Speaker A:Good luck with that conversation.
Speaker A:But recently it became clear to me that we've turned showing love into a line item.
Speaker A:And every year the price of admission seems to be going up.
Speaker A:So what do you think?
Speaker A:What will you spend on Christmas this year?
Speaker A:Let me know on jamesabrown.net on that note.
Speaker A:I'm James A.
Speaker A:Brown, and as always, be well.
