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shared by Eric Swanson on 19 Nov 09 - Cached

Of those 65-plus, nearly half (45 percent) say they’ll spend less than $300
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“We shop every week and buy gifts all year long,” says Fowler, who retired from IBM in 1990. “We don’t wait till the season. It’s easier, and we get as good a deal as ever because we shop while the stores have sales.
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Most people seem to want to avoid racking up debt this holiday season. More than three-quarters (78 percent) say they plan to buy their gifts with cash, check or a debit card.
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Fowler, who lives on Social Security and his pension income, says he always pays cash for holiday gifts
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“That’s the way I’ve always been, since the 1950s,” he says. “We don’t have any credit card debt.
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Some 57 percent of 1,046 people polled—all age 50 and older—say they plan to shell out the same amount of money as last year on holiday presents
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shared by Eric Swanson on 16 Nov 09 - Cached

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