New survey data from Credit Karma looks at social media-fueled financial trends that are leading to new consumer behaviors among young shoppers.
To understand consumers’ current sentiment about spending, a new survey from Qualtrics on behalf of Intuit Credit Karma which surveyed nearly 2,000 adults between the ages of 18 to 43, asked consumers about spending habits and plans for change.
Nearly three-quarters of consumers said they have been in a “financially irresponsible era,” but that time is now over. Eighty-four percent of the survey respondents who said they have a shopping addiction shared plans to be more intentional with their spending in 2024.had fueled both the desire to shop and the motivation to adopt good financial habits.
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