According to the National Retail Federation, holiday shoppers in the United States are expected to spend an average of $1,047.83 this year. That's up 4% from last year. With such a large amount of money being spent, it's important to be smart about your Christmas shopping. Here are four key statistics to keep in mind this season:
1. **Start shopping early.** The earlier you start shopping, the more likely you are to find the perfect gifts at the best prices. According to a survey by Deloitte, 40% of shoppers start their Christmas shopping before Thanksgiving.
2. **Do your research.** Before you buy anything, take some time to do your research. Compare prices from different stores and online retailers. You can also read reviews to see what other people have said about the products you're considering.
3. **Take advantage of sales.** Black Friday and Cyber Monday are two of the biggest shopping days of the year. But don't limit yourself to just those two days. Many stores offer sales throughout the holiday season.
4. **Consider giving gift cards.** If you're not sure what to get someone, a gift card is always a good option. According to a survey by the National Retail Federation, gift cards are the most popular gift item during the holidays.
Christmas shopping can be a stressful experience, but it doesn't have to be. By keeping these four key statistics in mind, you can save money and find the perfect gifts for your loved ones.
**Here are some additional tips for Christmas shopping:**
* **Make a list of everyone you need to buy gifts for.** This will help you stay organized and avoid forgetting anyone.
* **Set a budget and stick to it.** It's easy to get caught up in the holiday spending frenzy, but it's important to remember your financial limits.
* **Be flexible.** Things don't always go according to plan, so be prepared to adjust your shopping plans as needed.
* **Don't be afraid to ask for help.** If you're struggling to find the perfect gift or stay within your budget, don't be afraid to ask for help from friends, family, or store employees.
With a little planning and effort, you can have a successful and stress-free Christmas shopping season.