Spring Festival spending hits wallets

The holidays are about fun and enjoyment, but how much should our wallets suffer? There's no concrete answer, but one thing that is certain is that people are spending more every year.

"The biggest expense for me is giving lucky money. People at my age have to give the red envelopes to both seniors and kids."

Apart from the lucky money, buying presents is also an expense many would wish to avoid.

"People now are very realistic. You cannot buy very cheap gifts, because it will make people unhappy. But for families who are not rich, it would be a burden. I missed Spring Festival in the old days."

For young people, there are other things bothering them.

"Most of my money gets spent on hanging out with friends and dates. This year it cost more because Valentine's Day came during the Spring Festival. We couldn't get train tickets on our way back, so we bought plane tickets instead. So it was expensive."

Online bills posted by people after the festival has become a heated topic recently. Many are complaining about the over-spending.

Gu Jun, netizen, said, "My budget for the new year was supposed to be 5, 000 yuan which is one month's salary for me. But I ended up spending twice that amount."