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How Much People Plan To Spend On Christmas Food, Drink And Gifts This Year

COVID has hurt a lot of things, but it appears that it isn’t making a dent in the Holiday spirit. Or at least our Holiday spending habits. Because according to…

Photo by Pixabay

Photo by Pixabay

COVID has hurt a lot of things, but it appears that it isn’t making a dent in the Holiday spirit. Or at least our Holiday spending habits. Because according to a new study, in a year where everyone’s been on a budget, it appears they’re letting loose over the next few months.

American Express has found the average person will be spending about $765 in total this year during the festive season. This means people are dropping about $55 more than they did in 2019. The majority of it will be spent on gifts, with an estimated $370 set to be heading out of everyone’s bank account.

But you should also be expecting your neighbors to be flashing some new decorations this year as well. It’s expected that the average person will be spending $100 on new decorations in 2020. That’s a lot of lights. The only place people seem to actually be getting leaner in their holiday budget is with food, but it’s not by much. In fact, it’s just down $2 from last year. So just like one less piece of holiday ham?

LauRen Merola Strager is a former NFL & NBA cheerleader turned radio host. LauRen is a former Miss Pennsylvania USA and is a proud wife and mother of two. She is the owner and chief editor for her fashion and lifestyle Blog “All Of The F-Words” and is a champion for the Autism community. You can read all about LauRen’s thoughts on motherhood, pageant life, and everyday life through her online content.