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Eric Swanson

Finances Gift Ideas Managing the Cost of Christmas Present - 0 views

  • How many days of your hard-earned income will you spend that could otherwise be used to pay off long-standing consumer debt or added to your emergency savings?
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    A great look at how much it costs our budget if we give too many gifts, without a budget. Let's take a critical look at our budget and see if there are ways to reduce our spending or at a minimum refocus towards "the least of these".
Eric Swanson

are-things-really-getting-better: Personal Finance News from Yahoo! Finance - 0 views

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    See the graph and how it is similar to the Consumer Debt Chart. I think consumer debt is a better indicator of inflation than any other indicator. As consumer debt goes up, it drives "inflated" demand which inflates prices.
Eric Swanson

More Americans are planning on regifting, poll finds -- chicagotribune.com - 0 views

  • It's worth noting that Americans who plan to spend less don't always do so. The survey found that of those who made a budget for last year's holiday gift buying, 44% spent more than they had intended
  • The poll also found that 6% of adults still carry holiday debt from last year, unchanged from last year.
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    Amazing that those who tell a pollster they will spend less, don't. Amazing that some people are still paying for last year's Christmas spending. When did celebrating Jesus' birth get so expensive?
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