Americans Plan to Cut Back Holiday Spending, But Not Giving
Americans may be cutting back on their holiday spending because of the economy, but they still plan to give to charity, according to a survey conducted for PayPal.
Full-text article by Caroline Preston available via The Chronicle of Philanthropy, 11.07.08.
Labels: charitable giving, economic climate, fundraising, giving environment
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A recent survey conducted for PayPal shows that while Americans may be reducing their holiday spending due to economic concerns, they still plan to maintain their charitable giving. Despite tightening budgets and being more cautious with personal purchases, many people intend to continue supporting causes and organizations during the holiday season, highlighting the enduring importance of generosity even in challenging financial times.
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