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You're 'wired' to overspend during the holidays, expert says — here's what to do about it

CNBC
Summary
Nutrition label

84% Informative

Americans expect to spend an average $1,014 on holiday gifts this year , according to a Gallup poll.

People have an innate impulse to overspend, experts say.

There are various ways for consumers to keep their holiday tabs within a reasonable range.

People can use a gift list tracking app like Santa 's Bag to track purchases and actual spend.

VR Score

85

Informative language

84

Neutral language

73

Article tone

informal

Language

English

Language complexity

41

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

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no affiliate links