>> WELCOME BACK TO YOUR SHOW
EVERY RIGHT TO YOU BY ALLY BANK
THAT WORKS RELENTLESSLY TO MAKE
YOUR CHEDDAR.
>> THAT'S RIGHT WELL WE ARE IN
THE MIDST OF THE HOLIDAY SEASON
AND THE PRESSURE IS.
ACCORDING TO BANK RATE OF MORE
THAN 60% OF AMERICANS SAID THEY
FEEL PRESSURE TO OVERSPEND
DURING THE HOLIDAYS. JOINING US
NOW
THE SKIES, ADRIAN GARCIA DATA
AND DATA ANALYST AT BANKRATE
IT'S A GREAT TO HAVE YOU ON THE
SHOW.
WHAT AREAS DO AMERICANS FEEL
PRESSURED TO OVERSPEND AND WHEN
IT COMES TO HOLIDAY SEASON.
>> HES OBVIOUSLY IT'S A VERY
HAPPY TIME OF YEAR, BUT IT'S
ALSO A LOT OF STRESS,
ESPECIALLY IF YOU HAVEN'T GOT
ALL THEIR CHRISTMAS GIFTS
THAT'S THE TOP AREA, PEOPLE
FEEL STRESS.
>> YOU'RE TALKING TO PEOPLE WHO
ARE STILL NOT DONE.
I MEAN OKAY
>> TRAVEL WE SET UP A CARGO
FLIGHT SOME OF US THAT'S A
SCARY THOUGHT A SOCIAL
GATHERINGS IF YOU HAVE PEOPLE
OVER IT TO BUY THINGS
LIKE FOOD. GET DECORATIONS UP
AND THE LAST AREA IS A GOOD
SPOT OF CHARITY. A LOT OF
PEOPLE FEEL PRESSURE TO GO
THERE.
>> ADVERTISERS SPENDING A
DISPROPORTIONATE AMOUNT OF
THEIR SPENDING DURING HOLIDAY
SEASON. AND IT.
SOCIAL MEDIA HAS EXPENDING
DURING THE HOLIDAYS.
>> YEAH, I THINK PUT A ON SITES
LIKE INSTAGRAM RIGHT NOW
ADVERTISERS ARE PAYING A
PREMIUM AND WE
KNOW THAT FROM PAST SURVEYS BY
OTHER
PEOPLE FEEL PRESSURE TO SPEND
BASED ON WHAT THEY'RE SAYING
YOU GET THIS INFLUENCER FACTORS
THAT PEOPLE CAN THAT I'VE
CAUSED OUR CARS WITH BOWS
ON THEM. THAT MAGIC OF WHAT'S
HAPPENING ON INSTAGRAM AND
TRANSPORTED TO OUR REAL LIVES
SO JUST MAKES US FEEL LIKE WE
NEED TO SPEND AND IT IS BIGGER
AND BETTER GIVE SAYS LET'S
TALK.
>> THESE CARS THAT GOES ON IN
FOR A SECOND, I MEAN HAS ANYONE
EVER WOKEN UP ON CHRISTMAS
MORNING TO FIND A CAR IN THERE
AND THEY'RE DRIVE OVER
THE BAR I MEAN HOW DOES SANTA
DELIVER THAT A MIDDLE OF THE
NIGHT WITHOUT ANYONE FINDING
OUT IT WOULD BE AMAZING ARE SO
JUST
LIKE IMAGINED, BUY A CAR
WITHOUT TALKING TO YOUR PARTNER
HAS A GOOD START TO THE POINT
THAT WE HAVE COMMUNICATION A
LOT OF.
>> FUNCTIONALLY IN A DRIVEWAY
WITH A LOT OF SNOW THAT WILL BE
CHALLENGING.
>> OK WELL LET'S NOT TALK ABOUT
THE BIG GETS RIGHT THE CAR
DON'T TALK ABOUT SMALL GIFTS SO
IF THE FINANCIAL PRESSURE IS ON
OUR GIFT GIVERS FINDING SMALL
WAYS TO SAVE
ON PRESIDENTS.
>> YES, SO THE MOST POPULAR WAY
AS TO BRAVE LIKE A BLACK FRIDAY
WHICH IS BEHIND US NOW, BUT
STILL MAYBE IT'S THE WEEKEND
AHEAD GOING AND RAVING
SHOPPING DAYS THAT'S REALLY
COMMON ANOTHER COMMON WAYS TO
LIMIT GIFT GIVING FOR ME TO
FAMILY AND FRIENDS INSTEAD OF
GETTING SOMETHING FOR IT OF
YOUR CO-WORKERS PERHAPS YOU
JUST GET A SOMETHING FOR YOUR
CHILDREN OR YOUR WIFE OR
HUSBAND, IF THAT'S THE CASE
LESS COMMON BUT YOU KNOW IF YOU
CAN GET AWAY
WITH THAT IT'S JUST BOYCOTTING
OR SKIP GIVING GIVING ALL
TOGETHER KIND OF A NEW COLOR
OPTION,
♪
WE'RE GOING TO DO BY NEWS ARE
SECOND HAND WAS ALSO PICK.
♪
REGIFTING IF YOU CAN DO IT
TACTFULLY ABOUT A QUARTER OF US
EVERYWHERE.
>> BUT WE DO KNOW THAT
EXPERIENCES ARE VERY POPULAR.
HOW IS THAT CHANGING THE
HOLIDAY PERIODS.
>> AGAIN I THINK IF YOU TALK
ABOUT THE 16 PEOPLE OR 60% OF
PEOPLE ARE GOING TO SKIP FOR A
BOYCOTT
GIFT GIVING. MAYBE INSTEAD OF
GETTING IF THEY'RE JUST GOING
TO GO TAKE A FAMILY VACATION OR
SOMETHING AND THATS A GROWING
TREND AND GET YOUR WAY FROM
HAVING TO GO INTO A STORE THINK
ABOUT GETTING SOMETHING FOR
EVERYONE ON YOUR LIST BECAUSE
YOU GUYS CAN ALL DO LIKE
EXPERIENCE TOGETHER.
>> THE SURVEY
ACTUALLY INDICATED THAT PARENTS
ACTUALLY FEEL THE MOST PRESSURE
TO SPEND DURING THE HOLIDAYS TO
FIND THAT AND WITH YOUNG
CHILDREN ARE LIKELY TO EXPLORE
WAYS TO SAVE OR TO REGIFT FOR
WAYS TO LIMIT.
>> THE PARENTS REALLY ARE
BEARING THE BRUNT OF THE
PRESSURE THIS HOLIDAY,
ESPECIALLY THOSE KIDS YOUNGER
THAN 18 IN THE HOUSEHOLD 71% OF
THEM SAID THEY FELT PRESSURE TO
OVERSPEND
ON GIFTS BECAUSE THEY HAVE TO
CREATE THAT MAGIC, THEY'RE
REALISTIC ABOUT FINDING WAYS TO
SAY THEY WERE MORE WILLING TO
DO THINGS LIKE BRAVE SALES MAY
BE REGIFTING PARENTS SAID THEY
WERE MORE WILLING TO TRY.
>> I ALSO WRITE THAT CALL THAT
PRESSURE FROM THE
KIDS FRIENDS, YOU KNOW, AND I
WENT AND SAT FRIENDS ARE
GETTING. I
MEAN I IF YOU'RE TALKING ABOUT
THIS AND THINKING BACK TO MY
CHILDHOOD I USED TO CALL MY
FRIEND ON THE PHONE ON
CHRISTMAS DAY A HOT TALK ABOUT
OUR ALL.
>> RAFA YEAH I I WASN'T LIKE
THAT, BUT IT'S LIKE THAT IT WAS
SIMPLY RAISING ITS COMPETITIVE
TO CHRISTEN
HAD TO.
>> ON SCHOOL AFTER THE HOLIDAY
BREAK YOU WOULD HAVE LIKED THE
BEST GADGETS AND WHAT NOT TO BE
ACADEMICALLY. SEE THE PRESSURE
COMING
FROM FRIENDS. WELL I THINK WITH
US TALKING TO BOTH FACTORS LIKE
HAVING A REALISTIC CONVERSATION
WITH THEIR FAMILY AND
FRIENDS AND EVEN YOUR CHILDREN
ABOUT HERE'S WHAT WE CAN
ACTUALLY DO. MAYBE YOU GET ONE
GIFT TO REALLY LOVE AND ONE
GIFT YOU NEED AND THINGS LIKE
THAT BECAUSE IT'S NOT JUST YOU
GETTING GIFTS FOR
YOUR CHILDREN. THOSE ARE THE
GRANDPARENTS, YOUR SPOUSE'S OR
PARTNER'S GRANDPARENTS, FRIENDS
AND FAMILY. I THINK MOST
CHILDREN DO OK FOR CATS.
>> LET'S TALK ABOUT ANXIETY, IT
DOES USUALLY SPIKE AROUND
NOVEMBER.
PERIOD GETS CLOSER HOW DO YOU
SUGGEST
THAT P WELL ACTIVELY PLANNING
THE FUTURE RYAN BUDGET TO MAKE
SURE THAT THEY DON'T OVERSPEND
DURING HOLIDAYS.
>> AND SO WE KNOW THAT LIKE
GOING INTO THE NEW YEAR AND
COME TO A NEW BIG NEW YEAR'S
RESOLUTION IS TO BE RAINING IN
YOUR BUDGET I WOULD SAY THE
BIGGEST THING YOU CAN DO RIGHT
NOW IF YOU HAVEN'T CREATED A
BUDGET YOU CAN STILL DO IT
THERE SO TIME FOR A CHRISTMAS
IS A WEEK AWAY HANUKKAH STARTS
SUNDAY'S TO SECURE STILL AHEAD
OF THE VAN SENSE OF THAT.
BUT ALSO NOT REACHING FOR A
CREDIT CARD IF YOU DON'T HAVE
THE MONEY DON'T REACH FOR YOUR
CREDIT CARD BECAUSE THEN YOU
COULD BE PAYING INTEREST ON
THESE GIFTS AND THE AIR HAD
WHICH MEANS YOU COULD BE PAYING
THEM OFF COME JANUARY AND
FEBRUARY AND THEY'LL BE MORE
EXPENSIVE THAN EVEN THE STICKER