A survey from Experian said many shoppers feel financial strain before hitting the stores for Black Friday.
FILE - Andrea Mena shops in the holiday section of a Walmart in Secaucus, N.J., Tuesday, Nov. 22, 2022. The holidays are supposed to be a joyful time, but they can also be financially stressful. With gifts, social gatherings and plane tickets home, the costs can start piling up.‘We want families to be safe’: Red Cross issuing tips to keep the holidays out of harm’s way
Rod Griffin, Senior Director of Public Education and Advocacy for Experian, explained that the pressure to make loved ones happy often drives this financial anxiety. 16% turn to buy now, pay later services. While these methods provide temporary financial relief, they can lead to post-holiday financial headaches if not managed wisely.
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