More than a quarter of Americans plan to take on gift shopping debt ahead of Christmas

The video discusses holiday spending habits, highlighting that many Americans incur debt during this period. It emphasizes the high interest rates on credit cards, which can make purchases more expensive over time. Consumer expert Andrea Warwick suggests strategies like setting gift expectations and using balance transfer credit cards to manage finances better. The video also notes that late shoppers tend to spend less than those who start early.

What percentage of Americans plan to take on holiday debt during the shopping season according to MarketWatch?

What is the average credit card interest rate mentioned in the text?

What suggestion does Andrea Warwick give for managing gift expectations?

What advice is given for those who have already done their holiday shopping?

According to MarketWatch, how much do late shoppers tend to spend compared to early shoppers?