Gift Giving Statistics: What Is Underneath Your Christmas Tree?
Read more about Holiday Shopping Trends 2013
Part of what makes a living room look so festive around the holidays is all the neatly wrapped gifts beneath the tree. Shiny wrapping paper, frilly bows, and decorative Christmas stockings make your imagination work double-time to fantasize about what’s inside them all. The anticipation is sometimes more fun than actually opening the presents.
In that spirit, a survey by CreditDonkey.com asked people what gifts are they giving this year. The findings could make your guesses about what’s underneath your Christmas tree more accurate.
What’s Inside Those Packages?
Who’s Getting All the Gifts?
Of course, not all the present under the tree will be for you. If you have children, most likely you have wrapped up the majority of those presents yourself. But if you don’t, then very likely you have devoted a significant amount of gift-giving to your spouse. Exactly half of our respondents who don’t have children said their presents to their partner will take up the larger part of their holiday-shopping budget. In addition, 40% of people without children say they will put the majority of their money into gifts for their parents.
For people with children, it’s a very different scenario. While 80% of parents plan to designate most of their spending on gifts on their children, 17% said they’ll spend most of their gift budget on their significant other, and only 3% plan to do so for their own parents.
In addition to buying gifts for others, people also like to treat themselves for the holidays. For our survey, 43% of respondents admitted they will get a gift for themselves this year.
Do People Actually Keep Their Gifts?
Part of the anticipation of getting gifts is worrying about whether you will react appropriately. If you get something you don’t like, it can be hard to pretend appreciation. Take solace in knowing you may be able to re-gift the present without regret. Seven in 10 people believe it’s OK to re-gift a present that was given to them, and eight in 10 said they have no problem receiving a re-gifted gift. As long as such a gift is not personalized or sentimental, passing it along is considered acceptable.
As it is, the majority of people don’t hold on to presents – 54% of people return their gifts to the store. They’d rather shop for their own things (hence the 82% who want gift cards for Christmas).
(From October 7, 2013 to October 11, 2013, CreditDonkey polled 1,076 Americans, age 18 and over, for their opinions and plans regarding the Halloween, Thanksgiving, and Christmas holidays.)
Follow @CreditDonkey or write to Jasmine Williams at email@example.com
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