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However, due to COVID-19 and the harsh restrictions on travel and even heading out the front door, many of those surveyed are prioritizing the health of other people before a joyous holiday season. Out of those that were surveyed, more than 80% of them are more worried about the impacts of the virus outbreak than their own financial situation.
As for those that qualify for the upcoming relief bill, their Christmases are probably going to be a little more than just frugal this holiday season. Millions of Americans are relying on this bill to provide them with basic necessities like food and housing, and without it, Christmas is the farthest thing from their minds.
However, there is one tremendous silver lining to this story. Despite their unwillingness to spend for their own personal happiness, an increasing number of millionaires are donating more to charities and food banks than ever before. According to Curtis, this is where millionaires feel that they can cause the greatest impact.
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