Overview
- A Bravo survey in Mexico reports that 59% feel significant December budget pressure, with 69% spending up to 10,000 pesos on gifts.
- Thirty‑nine percent of Mexican respondents rely primarily on credit cards for holiday purchases, raising the risk of interest‑bearing balances rolling into January.
- In the United States, a Current/Talker poll finds 54% fear holiday costs and 76% plan to change celebrations to save, with 36% setting strict budgets.
- A Beyond Finance–commissioned survey says 31% of U.S. respondents expect to go into debt for the season, with average planned spending near $250 per person.
- Financial‑wellness experts link overspending to emotional and social pressures, and advise using year‑end bonuses such as the aguinaldo to pay down high‑interest debt.