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Study reveals parents in Texas will spend $659 on each kid for Christmas

Mother and daughter opening Christmas presents
Mother and daughter opening Christmas presents
Getty Images

With less than a week to go until the big day, if you haven't started Christmas shopping yet you better get movin'.

And if you have a couple of kids you need to shop for, be prepared for your wallet to take a hit.


A new study from CouponBirds found that parents in Texas will spend $659 per KID on presents for Christmas this year.

That's the second-highest average in the nation, followed only by parents in New Jersey who will spend $712 per kid.

Further, the study found that 9% of parents will spend over $1,000 on their child for Christmas, and that 49% of parents expect to go into debt shopping for presents!

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