It’s the time of year when the urge to spend kicks into high gear. Noble thoughts of saving more for retirement, paying down debt or preparing for a child’s college tuition are overrun by a no-expense-spared drive to find the perfect gift for everyone on the list.

The list has grown long. U.S. consumers said they plan to spend an average of $804 this holiday on gifts for family, friends and others, plus decorations and other holiday paraphernalia, according to an October National Retail Federation survey.

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