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New Gift Giving Survey Data Released Ahead of the NFEC Give Savings Campaign to Help People Find an Alternative to Holiday Debt
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LAS VEGAS, Dec. 10, 2020 /PRNewswire/ The National Financial Educators Council (NFEC) s Give Savings Campaign encourages people to change their holiday spending traditions in ways that move them toward greater financial health. Give Savings helps individuals, along with their families and loved ones, work toward greater financial security and provide options for gift-giving that can contribute to that goal.
A recent NFEC survey demonstrates people prefer alternatives to traditional gift giving. Across America 1,100 respondents were asked, What gift would you most like to receive this holiday season? About 46% responded No gifts , 30% responded they want money to cover needs-based purchases, to pay down debt or save for retirement, and 24% want a traditional gift or money for a want-based pu