42%

A study also revealed 37% of those with children between the age of six and 12 owe money after borrowing or using credit cards to pay for presents. Michael Dawson, from gift card firm One4all that carried out the study, said: “We acknowledge Christmas can be a difficult time of the year financially with many having to cut back in January as a result of overspending.” The research found one third of people feel anxious or stressed because

How many people budget during year to splash out at Xmas