Thanks to deteriorating economic conditions, Americans plan to buy a lot less stuff this holiday season.
In fact, one survey that was just released has discovered that approximately half the country plans to “buy fewer things” this year…
Inflation is weighing heavily on the holidays this year.
Roughly half of shoppers will buy fewer things due to higher prices, and more than one-third said they will rely on coupons to cut down on the cost, according to a recent survey of more than 1,000 adults by RetailMeNot.
Normally, if cash is tight Americans will just load up their credit cards during the holiday season.
But for many people that simply won’t be possible this year.
Millions upon millions of us are already completely tapped out, and credit card balances have surged to a brand new record high…