Boxing Day Spending Costs Spill Into The New Year

Despite the fact that thousands of Saskatchewan households are still struggling to make ends meet during the current economic downturn, consumers turned out in high numbers on December 26 to cash in on Boxing Day sales across Saskatoon. While Boxing Day discounts can feel like significant savings in the moment, if you’re relying on credit to pay for your purchases, they may end up being a lot more expensive than even the original retail price in the end. As credit card bills roll in through the month of January chalk full of holiday expenditures, many Saskatchewan consumers might find themselves experiencing splurge regret. MNP’s Naida Kornuta recently spoke with the Saskatoon StarPheonix about the effect of Boxing Day sales on consumer debt.

The Saskatoon StarPheonix covered consumer Boxing Day spending in a recent article published online on December 26, 2016.