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Most Americans Set, Then Exceed, a Holiday Budget


Most Americans Set, Then Exceed, a Holiday Budget

Good intentions generally only matter when you actually follow through with action.

For example, joining a gym or signing up for a library card only count for anything if you actually work out or start reading more books. But that's not entirely true when it comes to finances. In many cases, even if you fail to follow a budget you set, having had one in the first place at least gives you a way to judge how much you need to save to recover.

When it comes to holiday shopping, the good news is 65% of Americans set a holiday budget, according to Coinstar's 2017 Holiday Survey. On the negative side, 77% of the 2,000 people surveyed expect to exceed their budget and only 37% will put a post-holiday budget plan in place to recover.

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Source: Fool.com


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