return2ozma@lemmy.world to News@lemmy.world · 10 months agoAmericans are 'doom spending' — here's why that's a problemwww.cnbc.comexternal-linkmessage-square47fedilinkarrow-up1127arrow-down18cross-posted to: usa@lemmy.ml
arrow-up1119arrow-down1external-linkAmericans are 'doom spending' — here's why that's a problemwww.cnbc.comreturn2ozma@lemmy.world to News@lemmy.world · 10 months agomessage-square47fedilinkcross-posted to: usa@lemmy.ml
minus-squareSamsonSeinfelder@feddit.delinkfedilinkarrow-up29·10 months agoFrom the article (saved you a click): KEY POINTS Nearly all Americans are concerned about the current state of the economy. Still, many continue to spend more and save less. “Doom spending” may be one way to cope with stress as economic fears mount, however, it comes at the expense of your financial well-being.
minus-squarebe_excellent_to_each_other@kbin.sociallinkfedilinkarrow-up43·10 months ago Still, many continue to spend more and save less. That’s what happens when literally everything costs more than it used to.
From the article (saved you a click):
KEY POINTS
Nearly all Americans are concerned about the current state of the economy.
Still, many continue to spend more and save less.
“Doom spending” may be one way to cope with stress as economic fears mount, however, it comes at the expense of your financial well-being.
That’s what happens when literally everything costs more than it used to.