About this episode

Published November 30th, 2023, 07:34 pm

“Doom spending” may be one way to cope with stress as economic fears mount, however, it comes at the expense of your financial well-being. Rather than cut expenses, 73% of Gen Zers say they would rather live in the moment, a recent Prosperity Index study by Intuit found. More than half of Gen Zers said the increased cost of living is to blame for their sense of financial hopelessness and impulsive comfort buys. Dave and Debbie discuss and speak with KSL Newsradio Producer Alexie Zollinger about her experience with "doom spending" and what may be behind it.

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Dave and Dujanovic

What is "doom spending" and why is Gen Z using it as a coping mechanism?

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10m