{"id":9259,"date":"2022-11-14T13:13:17","date_gmt":"2022-11-14T20:13:17","guid":{"rendered":"https:\/\/blog2.neighbor.com\/storage-blog\/?p=9259"},"modified":"2024-01-29T16:34:24","modified_gmt":"2024-01-29T23:34:24","slug":"holiday-hustles","status":"publish","type":"post","link":"https:\/\/www.neighbor.com\/storage-blog\/holiday-hustles\/","title":{"rendered":"78% of Americans Are Cutting Back On Holiday Spending This Year"},"content":{"rendered":"\n

The winter holidays may look a little less merry and bright this year. As the weather cools, households across the U.S. are continuing to feel the heat of inflation.<\/p>\n

Everything, including holiday activities, is more expensive this year. Airfare during Christmas and Hanukkah is up nearly 40%<\/a> from last year. Electronics and toys gifts are 11% pricier<\/a>. What’s supposed to be a jolly time of giving gifts and decking the halls has countless Americans second-guessing whether they can afford toys for their children or a plane ticket to their parents’ home.<\/p>\n

But how exactly is everyone responding to the sticker shock? We surveyed 1,000 American adults to see how high inflation impacts holiday spending plans. We found that while a vast majority of Americans plan to cut back on holiday expenses, many are turning to side gigs to soften inflation’s strain.<\/p>\n

Key takeaways:<\/p>\n