We’re pleased to share the following guest blog from AmericaSaves.org.
Holiday shoppers have been careful each season to make their lists and check them twice. Budgets have become more discerning and savers have become better planners for their holiday spending, prioritizing savings along the way. According to a September 2016 report, two out of five millennial shoppers got a head start this year and had started buying gifts for the season before summer had even come to a close. Continue Reading…
The Fine Line Between “Financially Smart Gift Giving” and “Cheapskate”
Two-thirds of Americans surveyed recently by the Certified Financial Planner Board of Standards say they plan to budget the same – or less – than they did last year for holiday gift-giving.
As you might expect, the CFP Board is hailing this as a move toward “financially smart gifting.” (They are, after all, financial planners by trade). But could we be at risk of trying to brand Ebenezer Scrooge cheapskate behavior as a virtue?