Survey reveals holiday spending stress: social media influence, debt accumulation, and gift-giving pressure, particularly among Gen Z and millennials. Many feel obliged to overspend, leading to financial strain and hidden expenses.
A mailman confessed to taking $10,000 from his child's account for vacations, sparking outrage. He also borrowed from retirement and incurred high-interest debt, highlighting financial irresponsibility and family strain.
Kevin O'Leary's '90-Day Number' assesses financial health. Rising US household debt ($18.2T) hinders 401(k) contributions. O'Leary warns against credit card debt's impact on savings.
