Millionaires are becoming more budget-conscious as a result of inflation, a recent poll shows US millionaires are slashing their holiday spending as a result of soaring inflation, which they see as a major risk to the economy and their personal wealth, a CNBC survey has found. According to the outlet, 80% of millionaire respondents — those with investible assets of $1 million or more — said they plan to spend less this holiday season due to inflation. Millennial millionaires are the most likely to cut back, with 100% saying they plan to spend less, compared with 78% of baby boomers. When asked about how they’re re
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