There was a poll on Money.com asking where you will do your holiday shopping this year. The answers to choose from were mall, discount store, online, or won't be shopping. When I took it, over 35,000 people had responded and 46% said they won't be shopping. While I don't believe that number will be entirely true, it doesn't look like folks are planning on spending as much this holiday season.
How are your holiday shopping plans changing because of the economy?
As for my family, my wife and I put a small limit on what we would spend on each other last year, so my guess is we will do the same this year. I think we said it had to be around $100. We do buy some stuff for our families (parents, etc...), but those are just smaller things. We have a little one, so we end up doing things like pictures in a frame or a calendar with pictures of him, etc... As for our son, we did go a bit over last year with toys. It was the first year he really understood what was going on and it was fun for us. This year we are going to limit it. He really doesn't need anything and he gets a bunch from our family anyway.
How are your holiday shopping plans changing because of the economy?
As for my family, my wife and I put a small limit on what we would spend on each other last year, so my guess is we will do the same this year. I think we said it had to be around $100. We do buy some stuff for our families (parents, etc...), but those are just smaller things. We have a little one, so we end up doing things like pictures in a frame or a calendar with pictures of him, etc... As for our son, we did go a bit over last year with toys. It was the first year he really understood what was going on and it was fun for us. This year we are going to limit it. He really doesn't need anything and he gets a bunch from our family anyway.
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