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How to resist the urge to splurge in a post-pandemic spending spree

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Martin Dimitrov | E+ | Getty Images

It’s tempting to go on a post-pandemic shopping spree.

After a year of hunkering down, skipping vacations and restaurant dining, many Americans can’t wait to start spending again.

Just over 50% of U.S. consumers plan to spend extra money splurging or treating themselves, according to a May survey by McKinsey & Company. The global management consulting firm polled 2,076 U.S. adults in February and weighted it to match the national general population.

While many Americans are still struggling financially, others are doing well. They cut down their debt and saved more money over the past year. While treating yourself may be well-deserved, tread carefully,…



Source cnbc.com

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