Ep 220: How Our Shopping And Spending Habits Are Changing

Published: July 1, 2020, 5 a.m.

\u201cAmericans Are Shopping For Groceries Like It\u2019s 1996.\u201d That headline caught our eye because it\u2019s true \u2014 we\u2019re cooking at home, we\u2019re ordering everything from Amazon, and our spending habits have radically changed. Will they ever go back to \u201cnormal\u201d? Dan Frommer, Founder of The New Consumer, joins us to share why it\u2019s like \u201ca switch flipped, and we skipped 15 years into the future.\u201d\xa0Dan talks about some of the pitfalls of shopping online, and the growing popularity of direct-to-consumer brands, like Warby Parker and Glossier. We also talk about where to get the best bargains out there right now. In Mailbag, what to do with 529 funds that may have been refunded, how to prioritize funds between debt repayment and investing, and navigating target date funds. In Thrive, the steps you need to take to keep your connections strong in this happy hour-less era.\xa0\nLearn more about your ad choices. Visit megaphone.fm/adchoices