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Doom Spending Is Real: Dos and Don'ts to Avoid Panic Buying at Uncertain Times
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Doom Spending Is Real: Dos and Don'ts to Avoid Panic Buying at Uncertain Times
ISTOCK.COM / NICOLE TAIONESCU Many consumers are feeling doomed given the uncertainties surrounding trade policies and tariffs. As a result, 1 in 5 Americans admit to “doom spending,” and this refers to spending out of fear and anxiety about the future. Some people are also stockpiling everyday essentials and making big-ticket purchases before prices go up. Although buying now before tariffs kick in seems like a smart money move, it can lead to …
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