Publish date:

Last Minute Gift Buying and Money Saving Tips (Video)

It's no surprise that people overspend during the holidays! But there are some easy things you can do to save money and still buy great gifts. Watch the video for more.

'Twas the Night Before Christmas

The countdown is on.  Just a few days left before millions of Americans will celebrate Christmas. And it's no surprise that most people overspend for the holidays.  According to Nerd Wallet's 2017 Consumer Holiday Shopping Report, the average American will spend about $660 on purchases this year. That's actually about the same as they spent last year.

Holiday Shopping Trends

So who spends the most? Baby Boomers spend on average $800. Gen Xers spend about $679 and Millennials follow with purchases of about $434 for the holidays.

TheStreet Recommends

Last Minute Money Saving Tips

So what should you do to save money during the holidays?  Well, start with a list and a budget and stick to it.

For more ideas - watch this video!

Watch More with TheStreet: