As millions of Americans gear up for the holiday season, retailers are fully expecting another year of increased prepaid spending on various gift cards. What does this mean for consumers? Another year spent forking over hard earned dollars to big business. Why? Because more and more consumers forget to use their gift cards, and according to statistics, that number will continue to rise.
Paul Kedrosky blogged about this problem, and included a nice chart with some stats.
How can you be a good consumer and protect your money? Easy....spend those gift cards!