Welcome to Taking Stock, a space where we can take a deep breath and try to figure out what the COVID-19 economy really means for our finances. Every month, personal finance expert Paco de Leon will answer your most difficult, emotionally-charged questions about money. This year has forced many of us to reprioritize our finances, and there’s no clear road map for getting through the pandemic yet — but Taking Stock is here to help us figure it out together.
Last week, we discussed how a life-threatening pandemic has made it more tempting than ever to indulge in “doomshopping” — as in, relieving our pandemic-related anxieties and fears with some online retail therapy. This week, Refinery29 spoke to readers about their own struggles with online shopping during COVID-19.
Victoria, 26, Colorado
“I used to spend roughly $200 a month on non-essentials — toys for my dog, drinks out with friends, etc,” Victoria says. “My spending is similar, but it’s now on stupid things like clothing, skincare, books, and takeout.”
Her most recent impulse buy was $100 of sweaters and other fall clothing: “I feel foolish about it now, because…