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To control your spending this holiday season, stick with cash

  • Written by Jay L. Zagorsky, Associate Professor of Markets, Public Policy and Law, Boston University
To control your spending this holiday season, stick with cashStay jolly.DmyTo/IStock/Getty Images Plus

The holiday shopping season is now here, and Americans are ready to splurge. The average U.S. shopper expects to spend more than US$1,000 on gifts for Christmas and other winter holidays this year, surveys show.

These days, consumers have no shortage of payment options, each seemingly more enticing than the...

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