Stealth Wealth Are you under the radar?

I found this article interesting because it says that Americans are more conscious about their spending during Christmas and many plan to use cash for their purchases. Also 73% of people surveyed plans to have their Christmas debt paid off within 3 months. Well we know people plan a lot of things, they don’t always follow through (ie: paying off debt).

Over the weekend when surfing a few blogs I saw another survey that showed the U.S. consumers not as financially aware as this survey. I don’t know the exact numbers I saw but the second survey I saw showed about 1 in every 5 shoppers about the ages 18-26 (give or take a few years) thought money was no object when it comes to Christmas shopping. That stat is pretty alarming!

After reading both surveys I am leaning more to believing this second one more because to me it’s hard to believe that people are actually all of a sudden financially responsible. Maybe people can prove me wrong hopefully.

What do you think?  Are shoppers actually more financially responsible this Christmas?

Here is a link to the article of the first survey I read that states shoppers are more responsible.  I’m sorry I don’t have a link the the second survey I read which was the most believable to me.