Doom Spending: How Anxiety Fuels Impulsive Purchases

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Doom Spending: How Anxiety Fuels Impulsive Purchases
IMPULSE SPENDINGANXIETYSTRESS
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A recent survey reveals that 72% of Americans have made purchases driven by anxiety or fear about the future. The article explores the reasons behind this trend, examining how stress and political uncertainty can lead to impulsive spending. It also discusses the potential consequences of doom spending and offers healthier alternatives for managing anxiety and stress.

About 72 percent of Americans have spent money based on feelings of doom or anxiety about the future.work week, many people may reach for a can of soda and a pint of cookie dough ice cream to unwind on a Friday night. While using food to cope with stress is a common response, it can become an unhealthy habit. For some, “doom spending” in response to stress is a ready solution in difficult moments. If this sounds familiar, you're not alone..

According to a report from the Cleveland Clinic, research suggests that shopping, when done in moderation, can offer significant psychological and therapeutic benefits. Similar to indulging in your favorite sweet dessert, purchasing an item for yourself releases some of the “feel good”, serotonin, and endorphins.

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IMPULSE SPENDING ANXIETY STRESS FINANCIAL WELL-BEING POLITICAL TRENDS

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