Money Matters: Dreading the financial strain of the holidays

It may be the most wonderful time of the year, but it's also the most expensive.

That puts a damper on the season for most Americans.

Lending Tree’s 2019 holiday spending survey found that 61% of Americans are dreading the holidays due to the extra spending and financial burden the season brings, causing loss of sleep, anxiety and added debt.

One in 3 are losing sleep worrying about how they'll pay for the winter holidays, including about half of millennials and parents of kids under 18.

For this story and more from the NASDAQ, click the play button above for Wednesday’s Money Matters report.