How have you been dealing with the pandemic financially? Although many Americans are struggling, there have also been reports of many people splurging on expensive items, just for the comfort of it.
Despite the fact that consumer sentiment has taken a huge dive and more than 33 million Americans have filed for unemployment over the past month and a half, nearly one in five people say they are spending more money now than before the coronavirus outbreak hit. That's according to a recent survey conducted by Credit Karma, a personal-finance website.
Among the people who said they’re spending more, 1 in 10 said they have gone more than $1,000 over their budgets since sheltering in place. Some 35 percent of Americans say they have made impulse purchases to cope with the stress of the coronavirus pandemic.
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