Holiday Shopping Flashcardizz

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What is Giving Tuesday?

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A global day of giving that occurs on the Tuesday after Thanksgiving in the United States, encouraging charitable donations.

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How much money did Giving Tuesday raise in 2023?

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$3.1 Billion

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What is a common goal for New Year's resolutions regarding credit cards?

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To pay off credit cards.

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What type of account is often opened as a New Year's resolution for better savings?

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High-yield savings account.

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What is the average amount shoppers plan to spend during the holiday season in 2023?

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$1,638

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What percentage of Americans typically make New Year's resolutions?

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70%.

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Define 'high-yield savings account'.

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A savings account that offers a higher interest rate than a traditional savings account.

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What is the significance of New Year's resolutions?

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They are commitments individuals make at the start of the year to improve their lives.

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What is the purpose of holiday shopping?

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To purchase gifts and items for celebrations during the holiday season.

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What is a common financial goal for individuals during the holiday season?

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To budget and manage spending effectively.

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