Buying Christmas Gifts: Lower Income Leads to Greater Generosity
Tuesday, December 12th, 2006
According to research from Big Fat Balloons, the balloon delivery and teddy bear gifts specialist, the less you earn the more generous you are when it comes to buying Christmas gifts for family and friends.
In a recent survey, over 40% (41.3%) of respondents who earn less than £20,000 per year admitted to spending over £30 on an average gift for family and friends. Yet only a quarter (25.6%) of those who earn between £21,000 and £40,000 will spend over £30 per gift.
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