Consumer prices are 23.7 % higher than February 2020, which means that when infected with pandemic diseases, Americans will have to spend about $ 1,237 to buy similar goods and services. Banking Analysis.
Some people have responded to an increase in costs by trying to stop their use. A new study from Antivist credit karma It has been found that many Americans are referring to the “low buyer” (44 %) or “NO BUY” (42 %) lifestyle: Banning costs or pledging to buy only for items that need to be changed.
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According to research, the most common reasons for the low buyer or a buyer to accept the challenge are savings (41 %) construction, pay (37 %) pay (37 %) and cover basic requirements (30 %).
Specifically, the General Z’s adults and thousands of people have difficulty building wealth. Despite 63 % of them believe that investment in the stock market will set them for financial success, 61 % are not saving for retirement every month, a vote CNBC and Generation Lab Disclosure
Intext Credit Karma’s research has shown that more than half of the general Z report reports to participate in the report or consider the lower buyers and no buyer challenges.
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However, General Z respondents also acknowledge “Dom Expenses” (41 %). The cost of punishment is a habit of purchasing a lot of purchases – often items that are not needed or cannot be tolerated – so as to reduce feelings of anxiety and despair.
Many general z respondents (42 %) report “buy panic” products for fear of raising prices or shortages.
In addition, General Z Techtok is the most sensitive to the conversation: 43 % say tariff -related social media content has affected their costs, which have purchased purchases on shopping apps like DH Gate or advertising wholesalers who have seen the Tucotic videos, the Tucotic videos.
It may be difficult to hold a definite number on the financial loss of punishment costs, but US consumers owe more than $ 1 trillion on their credit cards, and the average US credit card loan balance, 6,580, Motley Fool Money Notified.
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Ashley Piper, former political strategy and author No new things: Money, planet and a basic 30 -day leader for savings of your dishonestyFor everyone, there are some words of wisdom that want to reduce the cost of punishment with a low -buying challenge.
“It doesn’t matter how long people can try the challenge, they are seeing the benefits,” Piper, who, who paid 000 22,000 debt and saved 000 36,000, with a “no new thing” challenge. Businessman Earlier this year, “besides that, if someone has any concern or stress about ‘not challenging no new things’, it should be a sign that it is time to go for it.”