Consumers are so demoralized by inflation and high rates they've given up on saving for the American Dream and are spending money instead, economist says
truth, I feel pressure to buy the things I want because I have no faith I will be able to afford them later. I figure, get it now while I can so that when I can't, I'll have it.
Someone much smarter than me explained how you don’t own stuff, it ends up owning you. This is outside of necessities.
You buy some decorations? Now you have to dust them, keep a place for them in your home. There are all kinds of examples, and collecting trinkets and oddities will never make you happy or fulfilled.
Right, my fully loaded vehicle was like 43k all in when I bought it in 2016. Today, the same car with the same trim level (granted a newer model) costs over 20k more.