At a time when millions of Americans are struggling to pay bills amid high inflation, declining real wages and recession fears, many members of one relatively unencumbered microdemographic are taking advantage of their uniquely low living expenses to treat themselves to an array of luxury merchandise and services.
A new report by Doxo finds that 86% of U.S. consumers are very worried about “the state of their financial health heading into 2023,” with 73% of consumers saying “they are most concerned about paying their Utilities, followed by Auto Insurance and Cable & Internet (both 63%), then Mobile Phone (62%).”
Even as […]
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