Retail

Before you start post-pandemic spending, make these money moves

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Vesnaandjic | E+ | Getty Images

After a year of lockdown, you may be ready to go out and start spending.

Not so fast.

“We’ve gone through what can be described as a major discretionary spending fast,” said Jim Wang, founder of the personal finance blog Wallet Hacks. “After a year of spending relatively little, you might want to make up for lost time.”

Americans have already started spending big. Retail sales surged in March, thanks to the $1,400 stimulus checks that went out. Sales then stalled in April.

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Source cnbc.com

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