YOLO

 Washington Post: Covid changed how we spend: More YOLO splurging but less saving - Doom spending. Soft saving. YOLOing. Whatever you call it, it’s clear covid has changed the way Americans think about spending. By Abha Bhattarai

Spending on international travel and live entertainment surged roughly 30 percent last year, five times the rate of overall spending growth. Meanwhile, the personal savings rate is at lows not seen since the Great Recession.