Nearly Half of Americans Feel Pressured to Spend Too Much Money on Holiday Gifts

If you’re stressed about how much you’ll have to spend on gifts for Aunt Audrie and Cousin Freddie, don’t feel lonely. Forty-five percent of people surveyed by Bankrate felt pressured to spend more than they thought they should.

The pressure was higher for those with children, as 54% felt the need to overspend.

“The holidays are a time of great joy,” Adrian Garcia, a data analyst at, told Fortune. “But unfortunately, they’re a time of great stress for us. We’re...

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