I heard the other morning that Americans spent, on average, $600 this year on Christmas gifts. Apparently, this is down from $800 in previous years. I don't know about you, but I was absolutely amazed that people spent that much on Christmas gifts!
No wonder we have a credit problem in this country. Unless these people are saving up all year for buying gifts or spreading it out, which is probably true for a percentage of Americans, they are really taking a hit at the end of the year.
I don't think I spent more than $200 mostly because the majority of the gifts I gave were made from scratch. The ones that I spent money straight out-of-pocket were toys for the kids and gift certificates for nieces/nephews out-of-state.
Did you end up spending more or less than you were expecting on Christmas gifts? Or, maybe the question should be, did you end up spending more or less than you wanted? How does it compare to the national average?