"The average American will spend over $2,000 on holiday-related expenses this season, leading many to believe they will be in debt until May next year."
"Personal finance guru Dave Ramsey described the $2,000 figure as 'mindblowing,' highlighting the excessive financial burden people take on in the name of holiday happiness."
"The problem is we impulse our butts off, and we double up what we spend. Retailers are great at putting stuff in front of us that we hadn't planned to buy."
"People can avoid money trouble by saving funds each month and creating a strict budget for their holiday expenses to stay on track and avoid debt."
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