If you’re tempted to apply for a loan to finance the winter holidays, you’re not alone. Individual shoppers spent an average of over $805 during the 2015 season, according to the National Retail Federation.
Where did it all go? An estimated $480 was spent on gifts for family members and $110 on gifts for friends; nearly $119 on food; just under $80 on decorations; about $45 on flowers; and about $38 on greeting cards, among other goodies.
All of that can add up to a major burden on an educator’s salary. Consider these budget-friendly tips to take the sting out of your holiday spending: