Is the Internet saving you money? Not necessarily

Because it provides the means to compare prices instantly and complete purchases with a few clicks, the Internet is often touted as a tremendous resource for consumers. But a new poll conducted for MoneyRates.com by Op4G suggests that the Internet may actually be a mixed blessing for consumers who want to save money this holiday season.

The poll, which surveyed 2,000 U.S. adults, found that 23 percent now do their holiday shopping primarily online and 31 percent do it primarily in person, while 46 percent split holiday shopping evenly between the Internet and in-person shopping. A closer look at the habits of these groups provides some revealing insights on how the Internet impacts the time and money they spend around the holidays.

Here are several myths and truths on the effort to save money online, as revealed by the data in the poll and recent MoneyRates.com banking research:

Truth: Online shopping makes you less prone to impulse buying

Fifty percent of poll respondents said they are more likely to buy something on impulse when they shop in person, compared to 17 percent who said they are more likely to make an impulse purchase online. The remaining 33 percent said it was a toss-up.

The fact that people are almost three times as likely to make an impulse buy in person isn't surprising. After all, you may be exposed to many temptations when you shop in person. It might be something as simple as a candy bar at the checkout aisle, or as complex as an eye-catching new electronic gadget. You might succumb to the urgency of the limited-time-only sale that was just announced over the loudspeaker, or to the smell of chocolate chip cookies as you walk through the mall.

Still, even if people are more prone to impulse buying in person, you shouldn't get complacent when shopping online. Those "suggested for you" items that appear when you are looking at related merchandise, as well as the product ads that are shown based on your browser history, are designed to hit you where you are most vulnerable. Stay strong, consumers.

Myth: Shopping online will help you spend less

Because people buy less on impulse online, and because things are supposed to be cheaper online, you would expect online shoppers would spend less on their holiday shopping. However, the poll found otherwise.