#"funflation" Jul 1, 2024
‘Funflation’: Why Americans splurge on travel and entertainment despite mounting debt
Despite a staggering $1.13 trillion in credit card debt, many Americans are still eager to indulge in travel and entertainment. This summer, however, the cost of having fun will be even steeper due to “funflation,” a term economists use to describe the rising prices of live events as consumers crave the experiences, they missed during […]
By Gemma Iso