Poll: Pressure is on to overspend during holiday season

How much pressure are you feeling to spend more than you should on gifts during the upcoming holiday season?

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When it comes to holiday stress, 49 percent of Americans will be at least as stressed as they were last year, while a quarter expect to be more stressed, according to the Harris Poll.

A new study by Harris Poll for Atlanta-based SunTrust Banks Inc. found 53 percent of parents with children under age 18 feel pressure to overspend, while nearly 40 percent of consumers overall feel such pressure.

A fifth of those surveyed expect to be behind in paying a mortgage note, utility bill or other regular monthly bill because of overextending during the holiday season.

And when it comes to holiday stress, 49 percent will be at least as  stressed as they were last year, while a quarter expect to be more stressed.

Harris Poll surveyed 2,026 adults ages 18 and older between Oct. 28-30. SunTrust hopes you’ll visit its holidaymeans.com website to take advantage of some of its coping strategies to help you get through the season.

How much pressure are you feeling to overspend?

Reader Comments 0

2 comments
RealKat
RealKat

Santa Claus isn't real parents! Ask your kids whether they want gifts or a roof over their heads this holiday. Ask them today while it's 20ish degrees out.

reader77
reader77

Skipping paying bills to spend for gifts?  An examination of priorities is in order.