ISU Extension Expert Says Create Budget Before Holiday Shopping

Today is Black Friday – the official kickoff to the holiday shopping season – and those who find themselves in debt or experiencing financial stress might feel a little more pressure. 

ISU Extension’s Carol Ehlers says holiday spending is about managing and being conscious about what you are spending.

The National Retail Federation expects holiday spending to grow by up to three-and-a-half percent this year. Ehlers says you can still participate in holiday giving and the spirit of the season.

TransUnion’s Holiday Shopping Report shows more than half of Americans plan on spending the same amount as last year, with about 40 percent spending less.

story courtesy of Radio Iowa; photo courtesy of ISU Extension/Vitalii/stock.adobe.com