How In Debt Are People This Christmas 2024.  — the holiday season can be a time when people tend to spend more money than usual, which can lead to increased credit card balances and other forms of debt. Households carry an average of $148,266 in debt overall, including $9,514 in credit card debt.

Heading into the holidays with debt still weighing on you from the previous year can be a real drag, and a financial risk.  — for nearly a quarter of americans, christmas is the most likely time of the year to go into debt, according to a lendedu survey about the average cost of christmas.