Gen Z and millennials are increasingly ‘doom spending.' Here's what it is and how to stop it
www.cnbc.com
'Doom spending' is taking off among young people, as life goals such as owning a home or starting a family feel increasingly out of reach.
    • Belly_Beanis [he/him]@hexbear.netEnglish
      16·
      2 months ago

      The fuck is “doom spending” anyway? Like people spending their money as soon as they get it because it won’t be worth as much the next day? I know I find myself doing that. It’s how you deal with inflation when you’re not bourgeois.

      Or is it something else? America explain!

      • wild_dog [they/them]@hexbear.netEnglish
        16·
        2 months ago

        i think it’s more like “i technically have the money to buy (expensive thing i don’t need) and i know i probably can’t afford it in the long run but fuck it, i’m gonna be broke either way”