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Christmas Junkie TOP 50

Surveys Show What Teens Want for Christmas 2005
From Wire Reports     Ask a Question   Discuss in the Merry Forum

ATLANTA, Nov. 6 (UPI) -- Thirty-eight percent of U.S. teens would prefer cash for Christmas this year, followed by cell phones or portable electronics, a survey found.

Other in-demand holiday gifts included clothing and a car, according to a survey of 700 U.S. teens, conducted by Boys & Girls Clubs of America.

About one-third of the teens polled participated in the Money Matters: Make It Count program, a joint initiative of BGCA and The Charles Schwab Foundation, which promotes financial literacy among teens from disadvantaged circumstances.

The survey also found 35 percent of teens said they began saving money for gifts one to three months in advance of the holiday season.

Twenty-seven percent say they plan to spend up to $50 on holiday gifts this year, 25 percent plan to spend between $51 and $100 and approximately 21 percent intend to spend more than $100.

Thirty-two percent of teens got the money they plan to spend on holiday gifts this year from a part-time job.

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