We don't normally like to tell you how to spend your money. Our members tend to be very good at that, often finding creative ways to turn the hours they've spent at the office into new ways to enjoy their lives. More often, we tell you how to not spend your money by letting you know about our fantastic savings options that can produce dividends in varying amounts of time, or we'll often tell you about ways to use your good credit for getting a loan that can make your life better or save you money in the long run.
The average American will spend nearly $900 on Christmas presents this year. If you have two adults in your household, that's almost $1,800. The odds are good that you've already spent a good chunk of that on Black Friday, Small Business Saturday, and Cyber Monday specials. In looking at the sales numbers from the weekend, Americans are getting smarter about how they spend that money. Brick and mortar stores suffered about a billion-dollar decrease in sales from 2014, largely avoiding many of the big-ticket items that lure customers into waiting overnight in cold parking lot lines. Instead, consumers pushed online purchases to a record high of $4.45 billion, roughly 20 percent more than last year. At the time of this writing, Cyber Monday sales had not yet been released, so we can't compare those.