Top 5 Things People Are Spending Less Money On… And the Top 5 Things People Are Spending More Money On!
The coronavirus pandemic has affected many aspects of Americans’ daily lives, including their budgets.
Roughly two-thirds of Americans say their spending habits have changed since the start of the pandemic. But that doesn’t necessarily mean they’re spending less money!
A recent survey uncovered the Top 5 things people are spending less money on, along with the Top 5 things people are spending more money on!
Top 5 Things People Are Spending Less Money On
1. Clothing – 34%
2. Cosmetics – 30%
3. Transportation/commuting – 25%
4. Entertainment – 24%
5. Alcohol – 21%
Top 5 Things People Are Spending More Money On
1. Coffee – 45%
2. Streaming subscriptions – 36%
3. Package delivery/shipping costs – 35%
4. Technology – 33%
5. Cell data – 33%
Jonel Jaksa is the producer for The All-New Morning Bounce with Mean Jean and Shannon Renee. He’s been with 105.1 The Bounce since 2020 and has been in radio for over 20 years. He’s worked at several stations and in a wide array of radio formats, from hip-hop to rock to country music to sports talk, and is a three-time Michigan Association of Broadcasters award winner. As a content creator for 105.1 The Bounce, Jonel writes articles on hip-hop music, movies, WWE and pop culture.
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