Young adults, especially, are focused on enjoying life in the moment rather than saving for the future, reports show.One quarter, or 27%, of those surveyed said they would go into debt to travel this year, while 14% would dip into the red to dine out and another 13% would lean on credit to go to the theater, see a live sporting event or attend a concert — including the European leg of
"Some of that reflects a 'you only live once' mentality that intensified during the pandemic, and some of that is because many economic indicators — including GDP growth and the unemployment rate — are in favorable shape," Rossman said.How to avoid 'ghost preparers' and other tax scams as the April 15 filing deadline approachesPeople hate budgeting. Here's why — and how to reframe itI'm a certified financial planner and tax reporter at CNBC.