On “Psychology Behind the Headlines,” hosts Jessica Reyes, Patricia Wu, and guest financial expert and psychotherapist Lauren Jeffery discuss why there’s such a disconnect between how Americans perceive their own financial well-being versus their negative view of the overall economy.
Perception vs. Reality
We might feel financially secure because we’re paying our bills, but it’s important to look at the bigger picture. Small changes in spending habits, like taking fewer trips, can indicate bigger economic trends.
Pandemic Hangover
The financial instability and government loans issued during the pandemic continue to impact our spending habits. Fear and uncertainty from that period may contribute to a pessimistic economic outlook.
Understanding Spending Shifts
Changes in how we socialize and prioritize spending after the pandemic have a bigger impact on the economy than we might realize.
