Financial Fitness and Wellness | Blog - by SARA CHEVERE

'Tis the Season to Plan Christmas Gifts That Mean Something

The holiday season is here. 

All of us are in a shopping frenzy, getting that last minute booking and a special present before the season begins officially. This year, the meaning of getting gifts for our loved ones might have changed a bit. Many of us decided to shop online and avoided social contact as a result of the pandemic. 

On the bright side, holidays are still the same. We love shopping, whether in-store or online. 

Christmas is by far the most popular holiday in the US. And so, as expected, spending patterns and bills at this time of year around are usually quite noticeable for each household. The tradition of exchanging gifts is a warm gesture that improves family ties within family and friends. However, it can quickly turn into a financial burden if not planned ahead of time with a prudent approach. 

According to Investopedia, the average American is expected to spend $998 on gifts and holiday items in 2020, which is only $50 less than last year's...

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