Survey shows 25% of young adults expect Christmas expenses to push them into debt.

A recent survey by Creditspring reveals that 25% of 18-34-year-olds expect Christmas costs to push them into debt, higher than the 17% average across all ages. Most young adults, 39%, rely on savings, while 29% plan to use money from family or friends. Neil Kadagathur, Creditspring's CEO, urges understanding borrowing costs, using available benefits, sticking to budgets, and avoiding credit to prevent long-term financial strain.

3 months ago
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