Tag: Holiday Spending

Holiday Spending Surge: Black Friday vs. Cyber Monday
November 17, 2024 Off

Holiday Spending Surge: Black Friday vs. Cyber Monday

By The Admiral Staff

The National Retail Federation predicts a record $902 per person will be spent on holiday decorations, gifts, and food in 2024, a $25 increase from last year. Retailers are adapting to earlier shopping trends by offering deals and sales ahead of Black Friday and Cyber Monday, with 57% of shoppers planning to shop online. Major retailers like Amazon, Best Buy, Kohl’s, Target, and Walmart have already launched their holiday promotions, with extended return windows

Holiday Magic, Not Holiday Debt: The Four-Gift Rule
September 10, 2024 Off

Holiday Magic, Not Holiday Debt: The Four-Gift Rule

By The Admiral Staff

The article suggests the “four-gift rule” as a strategy to reduce holiday spending stress while still creating a magical Christmas for children. The rule involves buying each child: something they want, something they need, something to wear, and something to read. The article also suggests adding a bonus gift from Santa if the budget allows. It provides several ways to earn extra money to fund the holidays, including surveys, online tasks, and app testing.

Holiday Debt Detox: 5 Tips to Avoid the January Blues
January 7, 2024 Off

Holiday Debt Detox: 5 Tips to Avoid the January Blues

By The Admiral Staff

A recent poll indicates that over half of Americans with credit card debt are willing to add more debt during the holiday season. To avoid post-holiday financial stress, the article suggests five strategies: earning extra cash instead of spending, setting gift budgets and traditions, avoiding shopping while intoxicated, utilizing the “debt snowflake method” to pay down bills as you shop, and considering a balance transfer to a 0% introductory rate credit card.