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HOME > OTHER ENTERTAINMENT NEWS > Quirky NEWS

More considering gifts involving saving


UPI News Service, 11/26/2005 

U.S. adults are showing signs of financial anxiety about the coming holiday season and some are looking for gifts involving saving.

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Sixty-two percent of the Americans polled by Widmeyer Research and Polling for the Center for a New American Dream say they are planning to or are possibly considering giving family members gifts such as savings bonds or piggy banks this year.

More than 9 out of 10 say the cost of living has increased compared to last year, and more than 2 in 3 of those surveyed blame the price of oil or gas.

"American consumers are encouraged to spend. At the same time, they are being told to save money," said says Betsy Taylor, president of the Center for a New American Dream, an organization based in Maryland that helps Americans consume responsibly for a better world. "This holiday season, a growing number are shopping for piggy banks and leaving their credit cards at home."



Copyright 2005 by United Press International







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