smart spending

Financial Security Index jumps in January

January 2012 Financial Security Index » Holiday Spending

Q:

How did your actual holiday spending compare to what you had intended or expected to spend?
Did you ...

At 56 percent, the majority of Americans spent about what they'd expected, compared to 51 percent the previous year.
Twenty percent of men spent more than they'd expected, compared to 14 percent of women.
Two-thirds of college grads and those earning more than $50,000 said they spent about what they'd expected.
Greg McBride

"Just 17 percent of Americans spent more than expected."

More than half of Americans, 56 percent, spent about what they'd expected this holiday season. Just 17 percent spent more than expected while 24 percent spent less than expected, compared to 19 percent and 27 percent, respectively, last year. Households with income less than $50,000 and those under age 30 were most likely to say they spent less than expected.

- Greg McBride, CFA, senior financial analyst for Bankrate.com

advertisement

Show Bankrate's community sharing policy
          Connect with us
REFINANCE HOME EQUITY AUTO CDs CREDIT CARDS
Product Rate Change Last week
30 year fixed refi 4.04%  0.02 4.02%
15 year fixed refi 3.16%  0.07 3.09%
10 year fixed refi 3.20%  0.03 3.17%
 
View Rates in your area Next
Product Rate Change Last week
30K FICO-based HELOC 4.33%  0.01 4.32%
50K FICO-based HELOC 4.06% --0.00 4.06%
100K FICO-based HELOC 3.92% --0.00 3.92%
 
View Rates in your area Next
Product Rate Change Last week
60 month used car loan 2.81% --0.00 2.81%
48 month used car loan 3.03%  0.01 3.04%
60 month new car loan 3.25%  0.01 3.24%
 
View Rates in your area Next
Product Rate Change Last week
1 Year CD 1.00%  0.01 1.01%
2 Year CD 1.20% --0.00 1.20%
5 Year CD 1.84%  0.02 1.86%
 
View Rates in your area Next
Product Rate Change Last week
Balance Transfer Cards 15.73% --0.00 15.73%
Cash Back Cards 16.43% --0.00 16.43%
Low Interest Cards 10.98% --0.00 10.98%
 
Next
advertisement
FRUGAL NEWSLETTER

Discover new ways to cut costs and save more every day. Reduce your spending, not life’s pleasures. Delivered weekly.

advertisement
Partner Center
advertisement

Connect with us