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The Independent UK
The Independent UK
Business
J.R. Duren

How to balance your holiday spending when times are tight, according to the experts

‘A person may feel that they are not doing enough for their loved ones if they don’t get them a perfect gift,’ one expert said - (PA Archive)

Your gift list is long. Your checking account is short on cash. Things are about to get awkward.

A recent Thrivent survey of 2,279 people found that 37 percent of Americans feel pressure to spend beyond their means during the holidays. That pressure can lead to a wave of emotions and decision paralysis. Do you keep your gift recipients happy, or do you submit to the better angels of sound financial advice and forego gifts in favor of frugality?

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