Psychology
from24/7 Wall St.
1 day agoDave Ramsey Is Right About Why Americans Are Spending More and Feeling Worse
Emotional spending leads to financial problems, as people seek fulfillment through material possessions rather than saving.
#consumer-stress
#consumer-stress
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#inflation #consumer-behavior #consumer-spending #economic-impact #gas-prices #gen-z #financial-anxiety
fromTasting Table
23 minutes agoWhy Boomers Tend To Save More Money On Groceries - Tasting Table
Boomers are far more likely than any other group to be aware of price increases. When prices go up, they cut back on non-essential items and avoid impulse buys, with just 53% succumbing to them.
Fashion & style
fromwww.businessinsider.com
5 hours agoYour produce bill is about to get pricey as the Iran war jacks up US food costs
"Fresh food and perishables are almost like the canary in the coal mine," when energy prices go up, according to Vidya Mani, an associate professor at the University of Virginia's Darden School of Business.
Agriculture
#mental-health
Mental health
fromSilicon Canals
21 hours agoPeople who are quietly unhappy with life don't always look unhappy - they look tired, they look busy, they look like they're managing, and the managing is the performance and the performance is the problem and the problem is invisible to everyone who mistakes a well-maintained surface for evidence of what's underneath it - Silicon Canals
Quiet unhappiness manifests as chronic exhaustion and the performance of being okay, often disguised by busyness and emotional labor.
Psychology
fromSilicon Canals
3 days agoThere's a specific exhaustion that belongs to people who spent decades being exactly what everyone needed them to be - and then one day realized they couldn't remember what they needed - Silicon Canals
People-pleasing leads to losing one's identity and can result in profound exhaustion and disconnection from self.
Relationships
fromSilicon Canals
20 hours agoYou know you grew up lower-middle-class if the most stressful sound of your childhood was the phone ringing at dinner - and you understood, before anyone explained it, that some calls meant someone needed something the family didn't quite have, and that understanding became the background noise of every evening for years - Silicon Canals
Growing up lower-middle-class means living with constant worry, always one crisis away from trouble despite appearing fine on the outside.
World politics
fromwww.theguardian.com
2 days agoA third inflationary shock in less than a decade is coming: who will pay the price this time around? | Aditya Chakrabortty
Daniel Yergin highlights the vulnerability of global oil supplies through the Strait of Hormuz and the consequences of military actions against Iran.
UK news
fromLondon Business News | Londonlovesbusiness.com
1 day agoM&S staff fear going to work as retail crime surges and violence escalates - London Business News | Londonlovesbusiness.com
Marks & Spencer staff face increasing violence and abuse, prompting calls for government action against rising retail crime.
Retirement
fromLondon Business News | Londonlovesbusiness.com
1 day agoEvery time you borrow from a bank, you're paying more than you think - London Business News | Londonlovesbusiness.com
Opportunity cost in loans includes lost potential earnings from repayment dollars, not just the interest rate paid.
fromArchitectural Digest
1 day agoI'm Done Sourcing So Much Online. Here's Why
The convenience of sourcing online is fraught with more pitfalls than most of us want to admit. Try finding adequate photos of a vintage piece's condition-close-ups of the fabric, video of damaged areas, any images of a piece's rear or underside!
UX design
#gen-z
Parenting
fromFortune
3 days agoTwo-thirds of parents say their adult Gen Z kids still rely on them financially for support-even though it's putting them under strain | Fortune
Many Gen Zers rely on parental financial support, causing strain on both generations' finances amid a challenging job market and high living costs.
fromwww.mediaite.com
4 days agoBad News All Around!' Fox Business Host Stunned By Highly Inflationary' Prices in Total Bummer of an Economic Analysis
High energy prices are kryptonite for the housing market. Affordability, especially for those first-time home buyers, is now an elusive dream until oil prices come down and interest rates come down.
SF real estate
Psychology
fromSilicon Canals
6 hours agoPsychology says people who grew up poor and became successful often can't fully enjoy it - not because they're ungrateful, but because some part of them never stopped waiting for it to disappear - Silicon Canals
Successful individuals often struggle with feelings of scarcity and anxiety about their financial stability, despite their achievements.
Mental health
fromSilicon Canals
1 day agoSome people don't fear failure. They fear succeeding and then being expected to sustain it, because the version of them that achieved it was running on adrenaline and desperation, and the person who shows up on Monday is someone quieter who doesn't know how to replicate what the emergency produced. - Silicon Canals
The fear of success stems from the pressure to replicate high performance, not from a desire to avoid good outcomes.
fromFortune
3 days agoA Wall Street vet's Walmart recession indicator just hit its highest point since 2008-and he says the fear 'just keeps multiplying' | Fortune
'Walmart Worries' just keep multiplying. It's currently close to the highest level ever recorded which was during the Great Financial Crisis of 2008-09.
Business
Poker
fromFortune
3 days agoCredit card delinquencies among millennials and Gen Z have soared because of sports betting-even in states where it's illegal, new Fed study finds | Fortune
Credit delinquency rates have increased significantly among sports bettors, particularly affecting Gen Z and millennials after legalization in the U.S.
#financial-anxiety
Psychology
fromSilicon Canals
1 day ago9 subtle behaviors that reveal someone grew up in a household where money was discussed in whispers, and why those behaviors persist long after financial security has arrived - Silicon Canals
Financial behaviors are shaped by early experiences and trauma, not just knowledge or information gaps about money.
fromSilicon Canals
2 weeks agoMental health
There's a specific kind of financial anxiety that has nothing to do with how much money you have. It belongs to people who finally became comfortable but never updated the internal math that was written during scarcity, so every purchase still runs through a threat calculator from 1997. - Silicon Canals
Financial anxiety often stems from past experiences rather than current financial realities, affecting decision-making even in improved circumstances.
fromSilicon Canals
1 month agoMental health
The financial anxiety that never goes away no matter how much money you earn is not a mindset problem it's your nervous system still living in the economy you grew up in - Silicon Canals
Financial anxiety stems from somatic nervous system encoding of childhood money experiences, not rational spreadsheet analysis or current financial reality.
Psychology
fromSilicon Canals
1 day ago9 subtle behaviors that reveal someone grew up in a household where money was discussed in whispers, and why those behaviors persist long after financial security has arrived - Silicon Canals
Financial behaviors are shaped by early experiences and trauma, not just knowledge or information gaps about money.
Mindfulness
fromSilicon Canals
6 days agoPeople who grew up watching their parents check the mailbox with visible anxiety understand something about money that no financial literacy course will ever teach - that scarcity isn't a budget problem, it's a nervous system state - Silicon Canals
Financial anxiety stems from deep-rooted emotional experiences rather than just a lack of knowledge about budgeting or financial concepts.
Mental health
fromSilicon Canals
2 weeks agoThere's a specific kind of financial anxiety that has nothing to do with how much money you have. It belongs to people who finally became comfortable but never updated the internal math that was written during scarcity, so every purchase still runs through a threat calculator from 1997. - Silicon Canals
Financial anxiety often stems from past experiences rather than current financial realities, affecting decision-making even in improved circumstances.
fromIndependent
1 day ago'If you are using credit cards to take out cash, you need to cut up your card' - money experts share their credit card dos and don'ts
Credit cards can be very dangerous from a financial well-being perspective, if used irresponsibly. The temptation to use one to fund a big holiday or a new sofa that you can't afford can be seriously tempting.
Relationships
fromenglish.elpais.com
1 week agoMore poverty, less travel and fewer jobs: what the world would be like with oil at $200
Fatih Birol, president of the International Energy Agency, warned that the war in Iran is the greatest threat to energy security in history, with analysts describing the situation as an Armageddon.
World news
Psychology
fromSilicon Canals
3 days agoPeople who grew up calculating whether they could afford both the drink and the entree before anyone else sat down don't stop doing that math when they earn six figures. The arithmetic isn't financial anymore. It's a loyalty ritual to a younger version of themselves who promised never to be caught without an exit. - Silicon Canals
Child poverty in the U.S. leads to adult poverty more than in Denmark, Germany, the UK, or Australia, with lasting effects beyond financial circumstances.
Digital life
fromSilicon Canals
1 month agoPsychology says people who always carry cash even though they rarely use it display these 8 traits-and most of them are connected to a generation that learned the hard way what happens when systems you trusted stop working - Silicon Canals
Cash carriers maintain physical money as insurance against system failures and to preserve spending autonomy, despite having digital payment options available.
Psychology
fromSilicon Canals
1 week ago7 things people raised in lower middle class households still do with money long after they can afford not to, and every single one traces back to a nervous system that learned to count before it learned to rest. - Silicon Canals
Financial habits formed in childhood persist, driven by physiological responses rather than just psychological factors.
E-Commerce
fromRetail Brew
3 weeks agoConsumers say they're financially worse off and it's changing how they shop
One in four Americans report worsening financial situations, driving widespread cost-cutting across groceries, personal care, dining, travel, and discretionary spending, with consumers increasingly favoring budget retailers and value-focused options.
fromwww.ocregister.com
2 months agoInflation's spike leaves lasting anxieties
Certain folks would like to tell you that inflation is cured. And in some ways, if you track inflation by the Consumer Price Index, there is some truth to the thesis that the cost of living has returned to its normal, modestly upward path. Ponder a California inflation index from my trusty spreadsheet, which averaged four decades' worth of annual changes in regional price indexes for Los Angeles-Orange County, San Diego and San Francisco.
California
US politics
fromFast Company
2 months agoInflation fears in the U.S. are running high, especially for this demographic, a survey shows
Asian Americans, Pacific Islanders and Native Hawaiians show greater anxiety about costs and prioritize government action on inflation and living expenses than U.S. adults overall.
Business
fromSilicon Canals
1 month ago8 everyday spending choices that quietly keep middle-class households under pressure - Silicon Canals
Small, normalized recurring expenses—especially subscription creep—accumulate into substantial monthly costs that significantly strain middle-class household finances.
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