Holiday Spending

With so many sales occurring around the holiday seasons, it is not very surprising that people break out their wallets to buy food, candy, and presents. This is especially true on Black Friday where people wait in line for hours for Christmas presents. Christmas spending hit 135.16 billion dollars in 2010. This is an outrageous amount of money that if saved, could do a lot of good for people, particularly those who get into debt from their spending on gifts. However people feel pressured to purchase presents for their friends, and family which can be a big problem for people who want to get a quality presents but don’t have much money. These people will feel bad about not getting presents for people so they get them regardless of their financial standings. In 2010, 6.00 billion dollars were spent on Halloween for candy, costumes, and elaborate decorations. Halloween is interesting because it is not a very logical holiday to spend money on, but people do it anyway. It is a waste of an incredible amount of money to spend so much on the holidays.