Black Friday is considered to be the begging of the holiday seasons. Though it seems that the shopping season begins earlier and earlier. Given the trend, expectations are for people to spend more this year. The last recession has truly left many house holds shaken and ability to spend at a minimum. The national average for spending during the holiday season is $518. Fortunately people are using debit as a form of payment over credit. Use of debt payment during this season is at its ultimate low since 2002.
After the recession and its aftershock, people learned to save money. Because of their large saving, people spent more this year. They used debit instead of credit indicated they made their strict budgets, reducing the risk of credit.
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