WalletHub

68% of people say Santa will be less generous this year due to inflation, according to WalletHub’s 2024 Holiday Shopping Survey. Here are some other key findings: ● Nearly half of Americans still have debt from the holiday season last year. ● 31% of people will spend less on their holiday shopping this year compared to last year. ● Nearly 3 in 4 Americans say their charitable giving is affected by inflation. ● 52% of people will apply for a new credit card to help with their holiday shopping. ● 42% of Americans say their family influences their holiday shopping the most, while 37% point to social media and 17% say their friends have the biggest impact. ● 55% of people would like to outsource their holiday shopping to an AI robot. https://lnkd.in/dPH4ebsS #HolidayShopping #WalletHub #Money

Congratulations to Kohl's for winning the WalletHub Award for 2024’s Best Store Credit Card for Holiday Shopping! https://lnkd.in/eUQ2vKT #CreditCards #WalletHubAwards

Congratulations to Wells Fargo for winning the WalletHub Award for 2024’s Best Credit Card for Holiday Shopping! https://lnkd.in/eUQ2vKT #CreditCards #WalletHubAwards

Congratulations to the winners of the 2024 WalletHub Awards for the Best Credit Cards for Holiday Shopping! https://lnkd.in/eUQ2vKT Amazon, American Express, Apple, Capital One, Chase, Citi, Discover Financial Services, Instacart, Kohl's, Montgomery Ward, Petal, Target, Wells Fargo

The holiday shopping season is nearly here, and we picked the best cards to help you save! Apply now & save $200+ with one of 2024’s Best Credit Cards for Holiday Shopping. https://lnkd.in/eUQ2vKT #WalletHubAwards #CreditCards

People in State of Hawaiʻi, State of California & State of Colorado added the most debt per household so far this year. See where your state ranks: https://lnkd.in/e47J4P7m #debt

Just released data shows that household debt hit a record high of $17.94 trillion in Q3 2024, but when you adjust for inflation, it’s about 6% below the record from 2008. This puts the average household debt at roughly $149,358 as of the end of Q3 2024. For more insights into how consumers are handling their debt, here are a few key stats from our new Household Debt Survey: ● 48% of Americans think their household debt is affecting their health. ● 58% of Americans say they are struggling with their debt. ● Nearly 3 in 5 Americans say their debt influenced how they voted in the recent election. ● Credit card debt is the type of debt American households are struggling with the most, as 51% of people say they’re struggling with it. That’s followed by debt from mortgages (18%) and student loans (15%). ● Nearly 2 in 5 people expect their household debt to increase in the next 12 months. ● 50% of people are worried about how their debt will affect their kids. https://lnkd.in/ey5hGmPu #WalletHub #Money #Debt #Fed

Just released data shows that household debt is at a record high ($17.94 trillion) as of Q3 2024, but when you adjust for inflation, total debt is actually about 6% below the record from 2008. Learn more from WalletHub’s new Household Debt Report: https://lnkd.in/dqJB8THD

Congratulations City of Los Angeles, City of Boston, City of Pittsburgh, City of New York & City of Dallas for being the best sports cities in 2024! https://lnkd.in/eV2hpTTW

Do you live in one of the best sports cities in America? Check out WalletHub’s latest report for the answer, including separate rankings for large, midsize and small cities: https://lnkd.in/eV2hpTTW