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The survey also revealed that 14% of Americans plan to spend more than they can afford this year.
Online shoppers are 4.6 times more likely than in-store shoppers to spend more than they can afford on gifts.
Most shoppers (72%) are also making financial sacrifices to afford the holidays, a recentCNET surveyshowed.
People are buying fewer gifts, shopping for fewer people and cutting back on nonessentials.
Here are four ways Americans arepaying for gifts this holiday season.
Murset recommends shopping with a debit card as a self-restraint tool.
I know thats so boring, but its absolutely the right thing to do.
According to Capital One Shopping, Americans haveunused gift cardstotaling $187.
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