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Gen Z and millennials are "doom spending," or squandering their funds on expensive trips and frivolous treats, in order to cope with the stress of inflation, high cost of living and unaffordable housing.

United statesSarah bartlettKay crittendenMaria melchor tiktokMaria melchorCourtney alevNational retail federationSyda productionsIntuit credit karmaProsperity indexGen zersBlack fridayCyber mondayNational retailConsumer spendingGen z