Holiday spending is hitting record highs — even as budgets tighten and debt climbs. Why are Americans dishing out nearly $80 billion on Black Friday and Cyber Monday? Are these “deals” really deals… or just clever traps?

Sources:https://www.prnewswire.com/news-releases/us-consumers-spend-more-to-save-more-black-friday-and-cyber-monday-sales-expected-to-increase-by-20-billion-302590811.html

Disclosures: The views shared in this episode do not serve as professional advice. If you're seeking financial guidance, please consult with a financial expert.