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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….

An empty wallet
Jaap Arriens/NurPhoto via Getty Images

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%

A clearance clothing rack at T.J.Maxx

<em>Jeffrey Greenberg/Universal Images Group via Getty Images</em>

2. Cosmetics - 30%

Lipsticks

<em>Daniel Reinhardt/picture alliance via Getty Images</em>

3. Transportation/commuting - 25%

Germany Debates Highway Tolls Introduciton

<em>Sean Gallup/Getty Images</em>

4. Entertainment - 24%

A general view of a rock gig from the back of the venue

<em>Mark Holloway/Redferns</em>

5. Alcohol - 21%

Walgreens liquor store

<em>Jeff Greenberg/Education Images/Universal Images Group via Getty Images</em>

Top 5 Things People Are Spending More Money On

1. Coffee - 45%

A woman drinking a cup of black coffee

<em>Digital Light Source/Universal Images Group via Getty Images</em>

2. Streaming subscriptions - 36%

Man scrolling through Netflix

<em>Phil Barker/Future Publishing via Getty Images</em>

3. Package delivery/shipping costs - 35%

Online Holiday Shopping Helps Drive Demand For Shipping Services

<em>Justin Sullivan/Getty Images</em>

4. Technology - 33%

Black Friday online shopping purchases

<em>Neil Godwin/Future Publishing via Getty Images</em>

5. Cell data - 33%

A sad face emoticon is seen on an iPhone

<em>Jaap Arriens/NurPhoto via Getty Images</em>

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.