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Survey: Over half of Wisconsin parents outspending holiday budgets

Christmas decoration is placed around the logo of Swiss bank Credit Suisse beside the entrance to its headquarters in Zurich November 21, 20
Christmas decoration is placed around the logo of Swiss bank Credit Suisse beside the entrance to its headquarters in Zurich November 21, 20

MILWAUKEE (WTAQ) - A new survey shows over half of Wisconsin parents are exceeding holiday budgets this year.

The survey from BMO Harris Bank reports 85 percent of Wisconsin parents have a spending budget for the holidays, but end up taking on the additional debt.

Parents with children younger than 10 were polled for the survey. 35 percent of those going over the limit say they felt social pressure to spend the extra money and celebrate this time of the year.

(Story courtesy of Wheeler News Service)

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