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Don’t let ‘revenge spending’ hurt your long-term plans

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FILE PHOTO: Women shop for clothes on a store in a shopping mall in Sydney's central business district (CBD) Australia, February 5, 2018. Picture taken February 5, 2018. REUTERS/Daniel Munoz/File Photo

A 2022 study found that negative emotions influenced people’s motivation to shop.

PHOTO: REUTERS

Juli Fraga

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In the first couple of months in 2023, thousands of workers at companies like Google and Twitter have lost their jobs.

Interest rates on car loans, credit cards and mortgages are higher than ever and inflation keeps rising.

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