Reading Time: 2 minutesStress and spending have always been linked, and the coronavirus pandemic has made financial vices more alluring for many Americans. According to the latest MagnifyMoney survey, 70% of consumers have spent money during the pandemic on financial vices, ranging from alcohol and cigarettes to adult entertainment and lottery tickets — spending nearly $950 on average. Plus, nearly 4 in 10 Americans used money from their savings account to cover these vices in 2020. To find out how the pandemic impacted this kind of spending, MagnifyMoney surveyed 1,550 Americans on what vices people were…
Read MoreNew Report Shows Troubling Link Between Stress, Spending, and the Pandemic
