SAN FRANCISCO (12/17/13)--The kickoff to the holiday shopping season that most retailers count on to boost their year-end earnings has come up short so far this year.
Despite retailers opening earlier and besieging shoppers with deals, spending over Thanksgiving weekend dropped for the first time in seven years, according to the National Retail Federation (Wall Street Journal Dec. 1).
The retail group attributes that drop partially to wary consumers looking for the lowest prices and to the deep discounts retailers must deploy to attract them. The good news for shoppers who manage to spend less this holiday season--even a few hundred dollars can improve your life.
Come Dec. 26, if you find yourself with a little extra money, here are some ways you can make it count (Time Dec. 3).
For related information, listen to "Shop and Save in Every Season" in the Home & Family Finance Resource Center.