DULUTH, Ga. (11/4/10)--Four out of 10 Georgia residents who responded to the Georgia Credit Union Affiliates’ (GCUA) mid-year 2010 survey plan to spend less on the holidays this year. The finding that 43.4% of Georgia residents will spend less in 2010 echoes national statistics, with a study by America’s Research Group showing that 43% of American shoppers will spend less in fourth quarter 2010 than in the previous year, said GCUA. The 2010 GCUA study results also build on a similar 2009 GCUA survey that found that 51.7% of participants would spend less for the holidays last year.. Veda Hilton, president/CEO of Etowah Valley FCU, Cartersville, said fewer members are saving ahead for holiday shopping because they need their money to pay everyday living expenses. Hilton plans to advise members to avoid using credit cards for holiday shopping if possible. She recommends reining in spending by shortening the shopping list and making deliberate choices aimed at finding a specific item. If members need extra funds for the holidays, Hilton encourages them to go to a trusted source. That will help keep members from being lured into high-interest credit card debt or other high-interest loans that could create big problems when the New Year arrives.