What Is 'Doom Spending'? The Trend Takes a Toll on Personal Finances — and Members of This Generation Are Most at Risk

entrepreneur.com/money-finance/what-is-doom-spending-and-which-generation-falls-for-it/493383

What Is 'Doom Spending'? The Trend Takes a Toll on Personal Finances — and Members of This Generation Are Most at Risk. U.S. consumers owe more than $1 trillion on their credit cards.
Key Takeaways
Consumer prices are 23.7% higher than they were in February 2020, which means Americans…

This story appeared on entrepreneur.com, 2025-06-16 18:40:00.
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