A report reveals "doom spending" as Americans, especially youth, impulsively buy amid economic anxiety.

A report by Intuit Credit Karma highlights a trend called "doom spending," where Americans, especially younger generations, make impulse purchases due to anxiety about the economy and the presidential election. About 60% of Americans express concern over these issues, with key worries including the cost of living and inflation. Financial experts recommend budgeting and saving to manage this behavior effectively.

November 05, 2024
4 Articles