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Asked by: Mouctar Bregieiro
personal finance credit cardsHow much do you spend on your fiance for Christmas?
If you're hoping for an average figure,mostpeople spend $100 on their partner. But ifthey'vereally made the nice list this year, $150 to $300 isa goodballpark number if you can swing it.
In this regard, how much do couples spend on each other for Christmas?
The average amount spent by couples whohadbeen together less than a year was roughly $92.50. After that,$21was the average expected increase per year ofrelationship.Couples who had been together for five years,however,spend roughly $200 on each other.Whilecouples who've been over 10 years were upto$300.
Also, how much do you spend per person on Christmas gifts?
However, now you may feel obligated to upyourlimit from $50 to $55 on everyone else's gift aswell.Before you know it, you're over budget.Toreduce costs, you can simply stick to youroriginalbudget, or perhaps spend even less perpersonand invite your friends over for a holiday potluck dinnerand gamenight.
Holiday sales were expected to increase 4.3 and4.8percent over 2017 – $717.45 billion to $720.89billion,according to the National Retail Federation. It should comeas nosurprise that the average cost of gifts issohigh.