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doomspending

Coverage of doomspending in the Nexus archive.

Earliest in view: Jun 4 · 11:00 UTCMost recent: Jun 4 · 11:00 UTC
Co-mentioned in this coverage
Credit Karmaorganization1Sean Monahanperson1Gen Ztopic1millennialstopic1economic anxietytopic1retail therapytopic1
Recent coverage
  • BUSINESSJun 4 · 11:00 UTCGUARDIAN US
    Why is ‘doomspending’ on the rise? | Sean Monahan

    Doomspending, a term for frivolous spending without concern for future financial consequences, is rising among young westerners. A 2024 Credit Karma survey found 27% of Americans, 37% of Gen Z, and 39% of millennials engage in it to cope with economic and global anxiety.