News@lemmy.world · 1 year ago

Americans are 'doom spending' — here's why that's a problem

www.cnbc.com

cross-posted to:
usa@lemmy.ml

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Americans are 'doom spending' — here's why that's a problem

www.cnbc.com

return2ozma@lemmy.world to

News@lemmy.world · 1 year ago

cross-posted to:
usa@lemmy.ml

As financial fears mount, some Americans are "doom spending," or spending money despite their economic and geopolitical concerns, as a way to cope with stress.

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1 year ago

Still, many continue to spend more and save less.

That’s what happens when literally everything costs more than it used to.

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