Can the holidays lead to compulsive overspending?

One in four people grapple with compulsive overspending during the holiday season, according to a recent study. The survey of 2,000 Americans who celebrate a winter holiday examined some of the challenges and mental health struggles that can surface during the holidays — deemed the most financially stressful season of the whole year according to respondents. The study was commissioned by Beyond Finance, a debt consolidation company, and was conducted by Talker Research. More than half (56%) said they feel pressure to spend money during the holidays. And the most common sources of pressure, according to findings, are from family (71%), friends (28%) and social media and pop culture (19%).