Financial Stress During the Holidays

The holiday season is a significant source of financial stress for many Americans, with nine out of ten individuals reporting significant anxiety related to expenses. This stress is compounded by societal expectations surrounding gift-giving, where the pressure to find the perfect gift for loved ones often leads to disappointment and financial strain. Unlike holidays such as Thanksgiving, which focus on family and gratitude without monetary expectations, Christmas can turn into an emotional and financial burden. As personal social circles expand, the obligation to give presents increases, resulting in additional stress regarding the financial implications of these gifts.