Doom Spending: How Emotional Buying Can Wreck Your Finances..

Doom spending” is a term used to describe a psychological phenomenon where people spend money impulsively or excessively as a way to cope with stress, anxiety, or feelings of impending doom—often triggered by global crises, economic downturns, or personal struggles. The term is closely related to “doomscrolling,” where people consume excessive amounts of negative news, leading to feelings of helplessness or distress.