Money worries push some shoppers to tighten budgets while others buy now, pay later
Shoppers who are struggling with money worries are likely to tighten their budgets by reducing their spending on non-essential items and making fewer impulse buys. They may look for ways to save money, such as using coupons or buying in bulk, or shop for lower-cost items. Some shoppers may choose to delay or forego purchases until they can afford them.
On the other hand, some shoppers with money worries may look into buy now, pay later options, such as layaway plans or store credit cards. By splitting up the cost of a purchase into smaller payments, the shopper is able to buy what they want without having to pay for the item all at once. This can help alleviate money worries, as the shopper feels more secure paying for the item in increments.