Shoppers turn to ‘doom spending’ to deal with stress #shorts



FOX Business’ Madison Alworth discusses how Americans are giving up on saving money and resorting to ‘doom spending.’ #foxbusiness

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38 comments

  1. Cash is King, Money order's are free at Amscot. Bill's go out first, the rest goes in the bank. No credit card debt..This is how we lived in the seventies..This is the way to prosperity…

  2. If people have all this disposable income to spend that's a testimony about how well the economy is doing under Biden

  3. Instead of reporting on this, you should focus more on the Millionaires and billionaires that come from families of millionaires and billionaires and never had to work hard or go without or struggle or suffer anything except their rich people problems. They can see it like it buy it and that becomes a part of their mentality and they don't worry about price tags because they have so much money.

  4. This is part of the problem of inflation people keep buying even though prices keep going up😮

  5. I guess the steak submarine sandwich is off the charts! 😅

  6. We were once caught up in doom spending, then realized over our heads in debt. Now we are cautious and are saving, and our nest egg has grown and keeps growing!

  7. If you save money u will be over taxes the banks will still it

  8. biden destroyed America never vote democrat

  9. Here’s my list of doom spending. Body soap, beard lotion, a pair of shoes. FDT !

  10. Or maybe they're bipolar and obsessive compulsive. I'm 66, and when I am stressed, I obsessively buy. I could have had my new false teeth instead of wearing the ones that I've glued together at least 10 times

  11. Yea , they know there are dumbasses out there !

  12. Work 40 you should be able to indulge a bit. Fuckem

  13. That is absurd. It's called self destructive behavior. I'm pleased to say that i'm not in that situation. I'm also pleased to say, I would never doom spend if I was in that situation.

  14. And those generations think Mommy and Daddy will just keep taking care of them!!!

  15. Joe Biden will forgive dept his policies promote irresponsibility. It’s been proven.

  16. This doesn’t surprise me a bit. If the younger generation is upset over the state of this country….think of what us old folks are going through. We will never get this country back to where it was.

  17. In my case it’s called poverty! I can barely buy enough food to last the month! Soon spend with what $13 dollars in pocket change

  18. GO RED ♥️♥️ GO TRUMP

  19. Americans have been overspending on CREDIT since the 1960s. So has the US government. DOOM SPENDING? NO. ITS JUST PLAIN IRRESPONSIBLE

  20. WTF. Typical of the younger generations. I want it. I deserve it

  21. You make it sound like people are being pushed to spend like this and it is sometimes true. Other times, people seem to believe that they don’t have to be responsible and save because the government will make it all better. High student debt ? No worries, Biden will pay. No housing ? No worries, Biden will pay. They are never told where the money will come from, unless they steal it from Musk or Trump or any others who are not woke. Their children and grandchildren will pay for this foolishness, if they can ever find jobs not taken by illegals.

  22. Put it to some useful work!

  23. Because with this government, a lot of people don’t see the hopes, don’t see the future. So why save? You may not have tomorrow.

  24. Wow dope head re branded ? Doom spending ? 😅😅😅

  25. Not very good financial planning. 🤷

  26. Here we go with the stupidly then when the bill comes they will be victims, mommy, mommy!

  27. Obviously you have to prove that you're an illegal alien to get

  28. There going to be so sorry when they reach retirement age and have to keep working when they have to struggle to just to get out of bed and everything hurts there rent will take 75 percent of there take home and all those things they thought was important becomes a burden

  29. and that ruins the economy and inflation keeps rising

  30. And we will be bailing these people out too.

  31. I really think that it depends upon how they were brought up.

  32. No no no!! Cause we are doomed cause of bisen

  33. But when Donald Trump was doing it they wanted to impeach him and he was helping all Americans