96% of Americans are concerned about the current state of the economy and more than a quarter are doom spending to deal with the stress
96% of Americans are concerned about the current state of the economy and more than a quarter are doom spending to deal with the stress
'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.
"Young people say the world is ending. Here's why it's actually just a Vibepocslypse caused by those millenials on their Tiktok" - opion writer failchild in make work job making millions while the world burns
Vibe?
Doom spending has been going on for a lot longer than Gen Z. I used to be one of those people who looked down their nose at those who didn't have enough money to eat properly every day yet would splurge on fancy clothes or toys. Then I was unemployed for almost a year. Now when I have money, I get the urge to spend it on the tiniest dopamine hit before yet another real life expense steals it all away.
Let me guess, that "what it is" is gonna be some personal blaming and "how to stop it" will amount just to bootstraps. Brb going to read the article.
EDIT: and of course, it's just the good same old fiscal responsibility and bootstraps talk, which isn't surprising because the author was "a product engineer". And as cherry on top at the end they try to sell you their own bootstrap course:
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Just pay them and become a successful landlord, you silly poor person
Wtf is doom spending? Buying a 10 year supply of dried beans and rice?
Gen Z and millennials are increasingly ‘doom spending.' Here's what it is and how to stop it
hmm, maybe the article you commented on has the answer.
I read it. My point is that the name is terrible.