Why Americans Are Choosing to Splurge Instead of Save

WSJ Your Money Briefing - A podcast by The Wall Street Journal

With interest rates up and inflation remaining high, consumer spending should be on the decline. However, economists say household spending remains robust. Wall Street Journal consumer trends reporter Rachel Wolfe joins host J.R. Whalen to discuss why some Americans are choosing trips and concert tickets over homeownership and retirement saving.  Learn more about your ad choices. Visit megaphone.fm/adchoices