Survey: Holiday Shoppers Plan to Spend Under $25 on Friends - Northern Michigan's News Leader

Survey: Holiday Shoppers Plan to Spend Under $25 on Friends

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SOURCE: CreditDonkey

73% of respondents in a CreditDonkey.com survey said they plan to spend under $25 per friend.

Los Angeles, CA (PRWEB) November 20, 2012

What’s a friend worth this holiday season? In a survey conducted by CreditDonkey, a credit card comparison and financial education website, most respondents said they plan to spend under $25 on gifts for each of their friends.

Not surprisingly, the survey confirmed married respondents are more likely to focus their spending on family, while single respondents are more likely to focus their spending on friends. Just under one-quarter of the married respondents will spend $25 or more on their friends while 30% of the single respondents are willing to spend that much on their buddies. When it comes to family members, 83% of the married shoppers will go over the $25 mark while 70% of those without a spouse will do it.

Surprisingly, across the survey pool, not many family members plan to go over the $75 threshold, making it more unlikely that fancy electronics will be swapped within families. Just 21% of survey respondents said they will spend more than $75 on each person in their family.

To view the full survey results, visit http://www.creditdonkey.com/friend-worth.html

CreditDonkey.com surveyed 1,125 Americans, age 18 and over, about their holiday shopping plans between October 9 and October 23, 2012.

CreditDonkey.com frequently provides information on the credit issues, news, and trends facing Americans through proprietary market research and analysis. Visit CreditDonkey.com to stay informed with credit card news, deals, reviews, and tips.

For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/holiday-friends/prweb10146906.htm