"Survey Reveals Americans Skipping Christmas Gifts Amidst Inflation Concerns"

A survey conducted by WalletHub reveals that over one-third of Americans are skipping Christmas gifts this year due to inflation. Additionally, 28% of respondents plan to spend less on holiday shopping compared to last year, and almost 25% still have holiday debt from the previous year. The survey also found that nearly 20% of Americans will apply for a new credit card to help with holiday shopping, and almost half say their charitable giving is affected by inflation. The Salvation Army's Angel Tree program is highlighted as a way to assist those struggling with inflation during the holiday season.