Reported 21 days ago
As the presidential election approaches, many Americans are resorting to 'doom spending'—shopping to cope with anxiety about economic uncertainties. A survey revealed that 27% of respondents engage in this behavior, driven by stress over the election and overall economic concerns. This trend is particularly evident among younger generations, who face mounting debt and financial instability. While this spending may provide temporary relief, it raises concerns about the long-term financial implications for individuals who are already struggling.
Source: YAHOO