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Average American household to spend $750 on Christmas

By Kevin Allen | Posted: December 22, 2012
Christmas is a time of year for coming together and enjoying the company of our loved ones. But that warm ‘n fuzzy feeling can come with a price tag, an often-hefty one, in fact.

The National Retail Federation found that the average American household will spend $749.51 on Christmas this year, with most of that money ($548.56) going toward presents.

And the year’s most popular gift? Gift cards—cue the sad trombone.

These and other fun (or depressing depending on your financial stability) facts are compiled in this handy infographic compiled by SecurityChoice.com: