Generation Precarious: How young people wound up trapped in a volatile cycle of saving, spending, and debt that will haunt them for decades
Bruno Solari wanted to stay in shape, but there was only one problem: All the gyms were closed.
"Dumbbells were basically nonexistent and a commodity — supply-chain issues were hitting before the supply-chain issues were a real thing," Solari, a 29-year-old vice president for a New York-based PR firm, told me. Solari, who described himself as"notorious for going out a lot" pre-pandemic, was one of the millions of Americans adapting to an abrupt lifestyle change. All of a sudden, he wasn't buying rounds of shots and sweating it out on the dance floor. Instead, he was saving his money and only occasionally splurging on workout clothes and equipment. Solari's forced frugality was just the first swing of a pandemic economy that jerked him between periods of abundance and scarcity.
"Now I'm kind of like, all right, I need to brace myself for the future and reach some of my own personal goals financially," he said."That's kind of where my head is at."
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