1 in 4 people say they'll go into debt for the holidays. Is social media to blame?

"More than 1 in 4 holiday shoppers (27%) say they plan to go into debt this season by carrying a credit card balance or using a buy now, pay later service."

"More than half of Americans (54%) made an impulse purchase last holiday season, with nearly 1 in 4 of them (24%) influenced by social media."

"Americans spend an average of three hours daily browsing products on social media and spent an average of $168 on social media purchases in the last six months."

"With peak shopping times like Black Friday and Cyber Monday approaching, both browsing time and spending are likely to rise as consumers shop for seasonal upgrades and holiday gifting."

Read at Spokesman.com