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November 14, 2019

Are you going in debt for the Holidays?

We’re entering the most expensive time of the year, between presents, traveling, and, most importantly, buying stuff for yourself when it’s on sale on Black Friday.

But are you willing to go into debt over the holidays?

According to a new survey, the answer is probably yes . . . If you’re in debt already.

The survey found that 61% of people who are currently carrying a balance on their credit card are willing to add to it over the holidays.  But only 30% of people whose cards are all paid off are willing to take on new debt over the next few months.

And the specific groups who are most willing to take on debt are millennials . . . parents with young kids . . . and men.

About The Author

Andy has worked in broadcasting around Western North Carolina over the last 17 years. He serves as the Operations Manager and Program Director for WRGC and WBHN. “I’ve been with the crew here at Five Forty Broadcasting since the idea of bringing the station back to Jackson County at 540-AM. I feel a personal connection with community radio and the area”. In the past, Andy has worked with iHeart Media and Sky Country Broadcasting. He resides in Haywood County.

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