Majority of Americans feel pressure to overspend during the holidays

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Tis the season for spending. is out with a new survey that finds nearly two-thirds of American adults (63%) say they feel pressure to overspend this time of year.
In order to save money, 41% of gift-givers are willing to resort to gift-giving taboos, including 16% who say they would be willing to boycott the tradition altogether.
Additionally, nearly one-quarter (24%) are willing to re-gift and 19% would buy used or secondhand items to cut costs.
Other more popular remedies for overspending on gifts include limiting gift exchanges to only those in the immediate family (53%), actively seeking out coupons and store sales (53%) and giving homemade gifts (36%).
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