Hidden holiday shopping tricks help families beat soaring prices
The holiday season is here, and so are the soaring expenses. With rising prices and holiday shopping costs piling up, experts urge people to plan early and spend smart to avoid holiday debt. According to a report from the National Retail Federation, holiday spending is expected to increase between 2.5% and 3.5% over 2023, which accounts for $989 billion. This includes gifts, decorations, travel, and entertainment. Considering the inflation and the economic conditions, financial experts recommend several practical strategies to control holiday expenses. According to them, creating a detailed shopping list helps prevent impulse purchases that save huge bucks on