A new survey by Buy To Give reveals that 21% of people cannot afford to celebrate Christmas due to the cost of living crisis and budget concerns. Other findings:
- 38% of people are cutting back on spending this holiday season
- 32% of people plan to buy no or fewer holiday presents this year due to the poor economy
- 24% of people are not going to have a Christmas tree this year due to the poor economy
- 19% of people won't have turkey at their holiday dinner this year due to the poor economy
- 26% of hosts are going to ask guests to make a financial contribution for their holiday dinner
- 21% of people are not going to use wrapping paper this year because of the poor economy