True, She decided to splurge on a new phone after getting a bonus., Revenge spending became common after months of lockdown., Credit card debt can grow quickly if you are not careful., Consumer confidence is low because of inflation., Everyday items have become more expensive lately., He decided to put the money towards his savings., False, She went window-shopping and bought several expensive things., Revenge spending happens before any restrictions begin., The pandemic era refers to a time long before COVID-19., If prices are on the rise, they are going down., Extra cash means money you must spend immediately.

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