Tag Archives: doom spending

Doom spending: Understanding the trend and its impact on Trinidad and Tobago and the Caribbean

Is doom spending wrecking your finances? A Caribbean perspective.

In recent years, a new financial behaviour has emerged in response to economic uncertainty—doom spending. This term refers to impulsive purchases driven by fear of future price hikes, economic instability, or financial insecurity. While the concept gained traction in the US, where consumer confidence hit a 12-year low in early …

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