This article was provided to The Associated Press by the personal finance website NerdWallet.
The pandemic has caused many people to reassess their priorities. There is talk of moving out of the city, simplifying life and saving more money.
“I’m not going to spend money like that anymore,” my millennial daughter told me recently, talking about past shopping sprees on handbags, jewelry, and yes, lattes. “Financial security is fun now.”
This from the same person who, until recently, has annually paid to upgrade to the latest version of smartphone ever since she purchased her first Juicy Couture Sidekick back in 2005.