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January 11, 2021

A pandemic shift in finances: Prioritize, simplify, save

  • Among adults who say they developed new financial habits during the pandemic, 58% said they plan to continue cutting back spending in 2021.
    • By HAL M. BUNDRICK
    NerdWallet

    The pandemic has caused many people to reassess their priorities. There is talk of moving out of the city, simplifying life and saving more money.

    “I'm not going to spend money like that anymore,” my millennial daughter told me recently, talking about past shopping sprees on handbags, jewelry, and yes, lattes. “Financial security is fun now.”


     
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