Why Small Treats Are Becoming a Lifeline for Cash-Strapped Americans
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Why Small Treats Are Becoming a Lifeline for Cash-Strapped Americans
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The par of living up to the conventional benchmarks of "typical" consumer milestones such as homeownership and retirement seems to have slipped out of reach in the context of ongoing inflation and rising home prices. So many Americans are switching from big purchases with a long-term outlook to little indulgences with an immediate payoff. Such a shift in behaviour, and one that is frequently linked to comfort in times of financial hardship, has made even the smallest of discretionary purchases a lifeline for millions seeking to cope with the financial pressures of day-to-day living.