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Holiday gift budgets drop 21% as families cut back, report finds

Holiday gift budgets drop 21% as families cut back, report finds
Photo: KOSA CBS7 / First Alert 7 (Permian Basin CBS) · view original

( InvestigateTV ) — The average person plans to spend about $880 on holiday gifts this year, a 21% decrease from last year, when people expected to spend just over $1,100, according to NerdWallet’s latest holiday spending report. Kim Palmer, a personal finance expert with NerdWallet, said inflat...

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