Why Americans Are Choosing to Splurge Instead of Save

What this episode covers

With interest rates up and inflation remaining high, consumer spending should be on the decline. However, economists say household spending remains robust. Wall Street Journal consumer trends reporter Rachel Wolfe joins host J.R. Whalen to discuss why some Americans are choosing trips and concert tickets over homeownership and retirement saving. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Frequently Asked Questions

How long is this episode of WSJ Your Money Matters?

This episode is 8 minutes long.

When was this WSJ Your Money Matters episode published?

This episode was published on October 6, 2023.

What is this episode about?

With interest rates up and inflation remaining high, consumer spending should be on the decline. However, economists say household spending remains robust. Wall Street Journal consumer trends reporter Rachel Wolfe joins host J.R. Whalen to discuss...

Can I download this WSJ Your Money Matters episode?

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