It is this joyous time of year when Americans will spend billions on gifts for relatives and friends . Millions of consumers are turning to credit cards and other forms of payment to purchase all of these gifts. As people start to plan their annual holiday shopping trip, we began to wonder: What types of gifts that people buy during the holidays? How do they usually go? How do they pay for their gifts? Are these purchases gifts to put them in debt?
To answer these questions, we interviewed more than 1,000 people aged 18 and over. Check out the infographic below to see what kind of Americans buy gifts for the holidays this season, how much they typically spend, how they prefer to pay for them and other holiday spending habits.