January 31, 2012
Consumers with a tight grip on their finances bucked the holiday spending trend in 2011, according to a recent survey by American Consumer Credit Counseling...Just 15 percent of those polled reported spending over $1,000.
Overall, 57 percent of those surveyed at ConsumerCredit.com said they spent less on holiday shopping than in 2010. National Retail Federation has projected an overall 3.8 percent increase in holiday spending among all U.S. consumers in 2011. In addition, the Federal Reserve also reported strong consumer spending during the holiday shopping season...These financial education programs help consumers to better understand and manage their finances...It is also a member of the Association of Independent Consumer Credit Counseling Agencies. For more information or to access free financial education resources log on to ConsumerCredit.com or visit TalkingCentsBlog.com.
For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/1/prweb9151703.htm