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Many Americans planning for a post-vaccination splurge

Some predict a return to the Roaring Twenties
Posted at 1:57 PM, Jan 25, 2021
and last updated 2021-01-25 14:32:09-05

Have you given any thought to what you will do once you receive your two COVID-19 vaccination shots?

A new survey says we should be prepared for a surge in travel, party planning and spending, at least among those who are still working.

Most of us have heard of the Roaring Twenties, a period of excess in which Americans spent more, drank more and partied more than ever following the end of World War I and two years of the deadly Spanish Flu pandemic.

Some now predict similar scenes for 2022 if the COVID pandemic is defeated.

A survey by Lending Tree says 80% of Americans plan a splurge once they are vaccinated.

That would include:

  • Air travel
  • Dining in a fine restaurant
  • Throwing large parties
  • Going to movies and theater
  • Seeing live concerts

Many people will not be able to enjoy the times

But from the "doesn't that stink" file, the millions of Americans still unemployed won't be splurging.

Lending Tree says 15% of people say they will not change their activities after vaccination because they don't expect to feel financially secure.

Lending Tree says that result shows the big divide in America: People working remotely are making more money now that they no longer commute, but many service workers and those laid off face a bleak year ahead.

Lending Tree suggests that, as your vaccination gets closer, you may want to build up a post vaccine splurge fund.

Perhaps set aside some of your tax refund or stimulus check (especially if we soon get an additional $1,400 in stimulus) so you don't waste your money.


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8:47 PM, Oct 17, 2018

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