[…] There’s a notable shift in consumer financial habits, with a declining number of “planners” and a rise in “reactors” across income levels. This indicates a growing financial strain and a move towards managing finances reactively rather than proactively. Reliance on credit is increasing for both impulse and emergency purchases of $250 or more. Credit cards and buy now, pay later (BNPL) plans are frequently used for unplanned retail spending, highlighting a growing dependence on credit solutions beyond traditional cards. Significant generational differences exist in financial management approaches with a majority of Gen Z consumers identified as ‘reactors’ while baby boomers are predominantly ‘planners’ The portrait reveals a recent shift in money management habits and a growing reliance on credit to bridge the gaps in an uncertain environment. …