Few consumers expect to increase holiday spending

A new poll finds that most Americans plan to spend either the same amount or less for their holiday shopping compared to last year due to the economy.

According to a survey of 1,000 adults for Offers.com, just 11 percent of consumers plan to spend more this year than they did last year, while 45 percent say the plan to spend less.

In order to reduce their expenses, many consumers have started their shopping early. Forty-nine percent of respondents said they kept an eye out for deals throughout the year, and many others look for specials or daily deals.

Consumers are also spending a great deal of time looking for the best offers. The poll found 52 percent of people spent at least an hour looking for the best price for each purchase, and some consumers spent much more time.

While careful budgeting and discounts may be able to help consumers improve their finances, they may also wish to review their credit report. Identifying any improper markings on their reports may improve their credit scores.