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Stock impact report

Hate spending: What you need to know [Yahoo! Finance]

Independent Bank Corp. (INDB) 
Last independent bank corp. earnings: 4/23 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The Consumer Price Index rose 0.4 percent in March, according to the U.S. Bureau of Labor Statistics. Over the last year, the CPI rose 3.5 percent, up from 3.2 percent for the 12 months ended in February. Shoppers are feeling the pinch. A 2023 Bankrate survey found that 52 percent of U.S. adults say money has caused financial stress. Despite struggling to make ends meet, some consumers are making surprising choices with their money. One response to rising prices includes what some refer to as “hate spending.” Here's a look at what that means and how you can protect your hard-earned cash. What is hate spending? Hate spending involves spending money out of frustration despite rising prices . Instead of making lifestyle adjustments or looking for ways to spend less, some consumers spend money as if the prices of goods and services haven't changed. The situation, however, causes anger or a hatred toward having to spend more on items that used to cost less. This behavior shouldn Show less Read more
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