How much do americans spend on average for christmas gifts every year?

how much is sharged onto credit cards for these gifts? how long does it take to pay off what you put on the card?

How much do americans spend on average for christmas gifts every year?
more than they can affort
Reply:Americans are rich unlike us Mexicans.
Reply:We do not charge gifts, our kids are grown and married but we quit charging about 3 or 4 years before they left home. We give each adult $50, and each grandchild either $20 or a gift. We also give each family a new game to play on Christmas, usually a board game.
Reply:Not all Americans have the same ability to spend. Many do charge their gifts and paying off debt has become a national crisis. Some Americans simply need a place to sleep or eat. Its sad that we place so much emphasis on the dollar amount of a gift rather than the thoughtfullness put into it and the joy of giving. Enough editorial. This year I will spend no more than 25 dollars per child outside of my two who I will spend about 150 each. My wife would like a 100 carat diamond ring and a BMW 740 *sigh* , bit alas she will not get them this year. I want for nothing but the love of my family and a few of those priceless kisses and whispers of "I love you papi" from my daughter, a big smile on my sons face and the loving gaze of an adoring wife.
Reply:Depends on your credit card that you have, but Christmas is THE BIGGEST spending holiday in US. there is no other one that make more profit.
Reply:Well, we are either wise or cheap. But our average is like $15 per gift. A little more on a couple of special people. But I do buy for 3 trashmen, mailman, and the paperman. Oh, and a couple of special neighbors. Maybe that is why we our house is paid for along with our cars. We charge NOTHING! It's not worth suffering all year trying to pay off a credit card account, when half the time, people forget what you bought them in the first place.
Reply:$790.00 1/3 on credit cards. Too long
Reply:About 250.00 per person.
Reply:Credit card giant MasterCard Worldwide released a report on Monday that found the average American intends to shell out nearly $700 this winter on festivities such as Christmas, with almost $300 of that sum spent online for gifts.
Reply:Too much.
Reply:all depends on how big your family is and how many friends you buy for. cannot forget how many flings you have on the side and of course their children also. to sum it up, way to much.
Reply:Way too much and it takes us until May or June to pay it off!

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