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Video: Despite record spending on Black Friday, many are still paying off last year’s holiday debt

Nov 28, 2023, 10:23 AM | Updated: Nov 29, 2023, 8:21 am

A recent study showed a 7.5% increase in spending on Black Friday, both online and in stores, yet 60% of Americans say they are living paycheck-to-paycheck, including 25% of Americans are still paying off last year’s holiday debt. Mike Broomhead takes a closer look.

Video: Jeremy Schnell and Felisa Cárdenas/KTAR News

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Video: Despite record spending on Black Friday, many are still paying off last year’s holiday debt