Warning: Some posts on this platform may contain adult material intended for mature audiences only. Viewer discretion is advised. By clicking ‘Continue’, you confirm that you are 18 years or older and consent to viewing explicit content.
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.
I think there’s a real argument to be made in favor of the doomspending hypothesis, particularly with younger millenials and housing. If you accept that you’re simply not going to be buying a house any time remotely soon, the temptation grows to just say fuck it and go buy some nice stuff or go on a trip.
I think there’s a real argument to be made in favor of the doomspending hypothesis, particularly with younger millenials and housing. If you accept that you’re simply not going to be buying a house any time remotely soon, the temptation grows to just say fuck it and go buy some nice stuff or go on a trip.
Speaking with an n of 1, I’ve certainly noticed I tend to spend more impulsively when stressed. Definitely a theory.