Online Black Friday spending is on track to break a record this year, despite inflation

Tech Insider : Economy, Business, Travel
People wait in line to get into Nickelodeon Universe park as they visit the American Dream Mall on Black Friday.
Black Friday shopping TK.

Kena Betancur/Getty Images

America is trapped in a nightmare of never-ending subscriptions

Tech Insider : Economy
Hand submerged in a wave of dollar bills and subscribe buttons

Getty Images; Alyssa Powell/BI

Doug Mattison just wanted to cancel his gym membership.

I tried a 'no-buy year,' only spending money on essentials. It helped me build more meaningful relationships.

Tech Insider
Photo of Mia Westrap against white background
I started "no buy year" in January and I'll never go back to my old ways.

Mia Westrap

A former teacher who spent at least $4,000 on her students details what she bought and why educators 'feel a lot of pressure to spend their own money'

Tech Insider : Economy, Economy
Teacher, books and dollar bill
Amelie Krikorian spent at least $4,000 in 2022 buying supplies and treats for students and making her classroom cozier.

Amelie Krikorian; Getty Images; Chelsea Jia Feng/BI

I've worked on cruise ships for years. Here are 6 things passengers should stop wasting money on.

Tech Insider : Travel, Travel
two royal caribbean cruise ships at cococay
Cruises can come with a lot of hidden costs and expenses.

Brittany Chang/Business Insider

Gen X is feeling the negative effects of inflation more than any other generation

Tech Insider : Economy

The offers and details on this page may have updated or changed since the time of publication. See our article on Business Insider for current information.

Why lifestyle creep can cause HIFIs to spend 'every cent they make,' according to a financial planner

Tech Insider : Economy, Economy
Three friends hold cocktails together in a toast at the bow of a sailboat facing dark blue water
HIFIs — high income, financially insecure — spend their paychecks on lifestyle and leisure at the expense of their savings accounts.

Yana Iskayeva/Getty Images

A Texas HIFI couple made $200,000 last year. Their budget for vacations and restaurants keeps shrinking despite 'making more money than ever.'

Tech Insider : Economy, Economy, Travel
Couple listening to music at a concert
HIFIs — people who are high income, financially insecure — often earn six figures but struggle to afford their growing cost of living. The subject of the story is not pictured.

Klaus Vedfelt / Getty Images

I spend over $1,600 a month to get help with my wardrobe, home, and kids. We should all treat ourselves to these types of breaks when possible.

Tech Insider
Gabrielle Gambrell headshot.
Gabrielle Gambrell outsources housekeeping, wardrobe styling, and childcare to alleviate stress.

Courtesy of Gabrielle Gambrell

Meet the HIFIs: Their obsession with luxury will tank them

Tech Insider : Economy, Economy
A young woman trying on sunglasses
More Gen Zers and millennials are becoming HIFIs — high income, financially insecure. They're spending lots of money on lifestyle and luxury.

Thomas Barwick / Getty Images

Subscribe to Spending