How would you feel if your family suggested not exchanging gifts this year?
A new poll found that 69% of Americans would happily skip the annual holiday gift exchange if their family members agreed to it.
The survey, conducted by Harris Poll for SunTrust Banks, Inc., also found that 60% of those who spend time buying or making gifts said they would spend that time with family and friends.
While 25% of those polled said they would prefer to use the money on activities with friends and family rather than on purchasing gifts, the survey revealed Americans are a little nervous about spending money this year.
Forty-three percent said they felt pressured to spend more on gifts than they can afford. Asked what they would do if they didn’t have to buy gifts, 37% said they would put that money toward paying down their debt, and 47 percent said they would save or invest it.
Since you are here…
…we’d like to have one more word with you. We are excited to report that Aleteia’s readership is growing at a rapid rate, world-wide! Our team proves its mission every day by providing high-quality content that informs and inspires a Christian life. But quality journalism has a cost and it’s more than ads can cover. We want our articles to be accessible to everyone, free of charge, but we need your help. To continue our efforts to nourish and inspire our Catholic family, your support is invaluable. Become an Aleteia Patron today for as little as $3 a month. May we count on you?