Doom Spending: Why we buy more and more when we're stressed

Doom Spending: Why we buy more and more when we're stressed

In times of increasing conflict and stressful situations, be it at home or at work, many people like to turn to shopping as an outlet. Psychologically, this behavior is understandable because it conveys a feeling of autonomy and control. When shopping, you make decisions that create the illusion of self-efficacy and thus calm your mind.

However, with increasing global uncertainty and growing tensions at the national level, people are purchasing more and more and beyond their own financial means. This phenomenon has come to be known as “doom spending” because it can lead to significant debt.

It is important to realize that shopping as a coping strategy for conflict and stress can have long-term negative effects. Instead of getting lost in a spending spree, you should find alternative ways to deal with inner tensions and maintain your own financial health. It is important not to bring about your own flood, but rather to deal with stress consciously and find sustainable solutions.