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GOBankingRates
Sarah Li Cain

‘Revenge Saving’ Is the New Financial Flex — Here’s Why You Should Join In

gradyreese / Getty Images

It seems like many Americans are ready to take another approach after juggling debt, battling inflation and overspending. A trend called “revenge saving” is here, and hopefully staying. Basically, it’s where folks aggressively store away cash in order to regain control over their spending and saving.

So instead of splurging to cope with stress, the new flex is now cutting back on lifestyle creep and building an emergency fund.

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