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

Dave & Dujanovic

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

Clean

Published on Nov 30, 2023, 12:34:14 PM
Total time: 00:09:07

Episode Description

“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.

More about Dave & Dujanovic

What happens when a seasoned, award-winning investigative journalist and a well-known and very funny sports reporter get together to talk about news and politics? Dave Noriega and Debbie Dujanovic, also known as D2, join forces, mornings on KSL NewsRadio.