Everything's on fire, might as well get my nails done?
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 21 May 2026
⏱️ 30 minutes
🧾️ Download transcript
Summary
Do you ever look at the world and think: everything is so uncertain, who knows if I’ll ever be able to retire … so I might as well get those concert tickets? Then you might be doomspending. Reema talks with The Financial Diet’s Chelsea Fagan and behavioral economist Judd Kessler about why we doomspend, and what we should do instead. Plus, producer Alice Wilder makes a confession.
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Transcript
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| 0:00.0 | Programming is supported by Stoll Reeves, a leading U.S. corporate and litigation law firm providing sophisticated business clients' high-quality legal services with offices in seven states and Washington, D.C. |
| 0:12.6 | Stole Reeves is a nationally recognized leader in project finance and natural resources industries. |
| 0:18.9 | From deals and disputes to compliance and counseling, clients turn to Stole Reeves for their most |
| 0:23.9 | complex business challenges. Learn more at s-o-e-l.com. |
| 0:30.4 | Hey, Rima, and this is Uncomfortable Podcast, people. |
| 0:35.1 | I'm calling in to share my financial struggle that I face, and it's walking the fine |
| 0:41.3 | line between never feeling like I have enough money, while also feeling like I have money now. |
| 0:50.4 | I cannot take it to the grave with me, and tomorrow is never promised. |
| 0:58.8 | And the way that I tend to cope with that feeling is to go spend money. |
| 1:07.8 | Hi, I'm Rie Mechrese, and welcome to This is Uncomfortable, the weekly show from Marketplace about life and how money messes with it. |
| 1:10.8 | That message came from a listener named McKenzie, and she's getting at something that I think a lot of us are feeling right now. |
| 1:15.1 | It's easy to look around at the economy, at politics, at the environment, |
| 1:18.9 | at the general instability of it all, and think, |
| 1:21.8 | why not spend some money now to enjoy my life while I can? |
| 1:25.5 | People refer to this phenomenon as doom spending. |
| 1:28.7 | It's that everything's on fire, tomorrow isn't promised, I'll probably never be able to retire, |
| 1:33.7 | so may as well go on vacation or at least get my nails done mentality. |
| 1:38.3 | And hey, I'm not here to tell you to cancel your nail appointment or vacation, |
| 1:41.8 | but maybe we should think more deeply about that kind of |
| 1:44.4 | spending. Like, could doom spending be meeting a real need in our lives? And is there a version of it |
| 1:50.0 | that isn't self-destructive? I'm getting into all of that and a lot more with Chelsea |
| 1:58.3 | Fagan and Judd Kessler. Chelsea is the co-founder of the financial diet, a publication focused on women's relationship |
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