All a-Bunz for the holiday season: Trading app makes gift giving easier (Toronto Star)

Playing Santa is rampant right now, even for those who definitely can’t afford it and others who had vowed to ignore the crazy consumerism.

As the holiday tunes get louder, the guilt, pressure and panic have set in, and suddenly spending is frightful. Actually, nearly two-thirds of Canadians say their holiday spending is out of control, according to a new CIBC poll. More than half of Canadians expect to blow their budget, even though they say they can’t afford it.

Millennials are splurging more than any other age group, reports the survey. People aged 18 to 34 years old are increasing their spending by 39%, from $399 on holiday shopping last year to $555…

Read more here

Leave a Reply

Your email address will not be published. Required fields are marked *