The American two car family. Source: Clipart Library A recent article in the New York Times on the economy introduced me to a new term: revenge spending. It is characterized by "spike[s] in recreational spending and vacation splurging that followed coronavirus lockdowns." In addition to all of the other economic maladies, this particular aspect of … Continue reading Revenge Spending
Tag: Discretionary Spending
Wants and Needs Redux
I desperately need a new cell phone. But more on that a little further below. Nearly a year after blogging about my rejection of creeping self-consumerism, I am once again taking note of a tendency I have to parse what constitutes as being acceptable in how I spend money. I can literally feel my nose … Continue reading Wants and Needs Redux
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