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Doom spending is not the same as caring for yourself
![Doom spending is not the same as caring for yourself](https://www.livemint.com/lm-img/img/2024/02/11/1600x900/2-0-152873258-emporio-mall-shopping-by-priyanka-1R_1707678463686_1707678463994.jpg)
‘Doom spending’ is expenditure motivated by a need to cope with stress and it is a nihilistic coping mechanism that can strip us of our savings.
Please don’t dabble in doom spending. The term, which first bubbled up on social media, has gained steam following a recent survey by Intuit’s Credit Karma....
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