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GOBankingRates
GOBankingRates
Chris Adam

Here’s How Much Middle-Class Families Should Spend During the Holidays, According to Experts

skynesher / Getty Images

When I was a kid, $100 was sort of a “magical number” for Christmas. My parents let us pick out a big gift that was $100 or less. Perhaps your family does something similar. Or maybe you feel like you need a better grasp on holiday spending. Maybe it’s helpful to know where others stand. Gallup reported the average consumer is expected to spend $1,007 on gifts this season.

Find Out: 6 Things You Must Do When Your Savings Reach $50,000

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