Monday, December 15, 2014

Christmas Craziness


By Kelly Fisher

Have you ever thought about the money that people spend on Christmas? Well, it’s a lot! According to “Visual.ly,” this is what the average family’s budget was for Christmas in 2007 to 2012:

2007
$755.13
2008
$694.19
2009
$681.83
2010
$718.98
2011
$740.57
2012
$749.51

     What exactly do people by for Christmas? The average amounts spent are $548.56 on gifts, $100.76 on food and candy,  $51.99 on decoration, $28.66 on greeting cards, and $19.55 on flowers! 
     Wow! What parents will do for their children! US parents are spending about $271 on average per child!!
     Where does all this money come from ? Well, 65.8% use salary or other income, 38% use their savings, 29% use cashed in retailer reward points, and 17% just borrow from one source to another.

     You will be surprised by how people spend their money,  and what they spend it on! It’s definitely Christmas Craziness!

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