The world is on fire but hey I have matcha: How little treats are helping us deal with uncertainty
Labubus, blind boxes, bubble tea. Why do we keep buying things we don’t need?
In an episode of the podcast, Kai Wen and Sue-Ann discuss the growing trend of buying "little treats" as a way to boost morale during uncertain times. They explore the boundary between indulgence and enjoying small luxuries. The hosts also delve into the shift in spending patterns, where people tend to prioritize small pleasures over significant investments when the latter seems unattainable.
The concept of "doom spending" and the instant gratification provided by these treats are also examined. The duo then look at how to strike a balance between immediate happiness and maintaining long-term financial stability. Finally, they touch on the difference between underconsumption and the act of collecting and hoarding.
Written by urgent.news from Straits Times Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
