Reported about 13 hours ago
Many Baby Boomers are classifying discretionary expenses like streaming services, travel, dining out, and skincare as necessities, which can lead to financial strain, especially for those on fixed incomes. Financial experts advise that Boomers should carefully audit their spending habits and prioritize essential financial obligations, such as saving for emergencies and paying off high-interest debt, to maintain their financial security.
Source: YAHOO