When facing financial worries, some shoppers will tighten their budgets and focus on only purchasing necessities, while others may, in a strategy of denial, purchase now and pay later by borrowing or utilizing a credit card. Those that are able to borrow or use a credit card may find that focusing on smaller purchases and budgeting according to the payments and finance charges can help to avoid going into deeper debt. Some may also opt for discount stores and special offers in order to save money. Ultimately, the most sensible approach is for shoppers to assess their financial situation and to make responsible decisions in terms of both purchases and payment options.
Hiring has been slowing for a few months now, which isn’t necessarily a bad thing. It can be a sign that the labor market is becoming saturated and that employers no longer need to hire as quickly in order to meet demand. This can help prevent risk of wage inflation due to excessive competition for […]
No. Shoplifting is on the rise in the wake of the COVID-19 pandemic. Many retailers have reported increases in shoplifting, and research from the Retail Industry Leaders Association found that shoplifting has surged across the United States in recent months.
Prices had been increasing for 3.5 years before finally falling last month. This is a significant change as it suggests that the cost of living has finally decreased since it had been rising for a prolonged period. It is unlikely that prices will remain at the lower level, however, and it is possible that they […]