2021 TRENDS

PENNY-PINCHING

• "People are loading their phones with apps to tap friends and family for that $10 owed to them and to keep a closer eye on their stocks and spending." –Quentin Fottrell, personal finance editor, MarketWatch

POCKET CHANGERS

• Workers are asking employers to allocate a portion of paychecks for goals other than retirement (e.g., travel funds, loan payments).

BUZZWORD Circular economy: the practice of reusing existing products instead of making new ones

• "We're questioning the way things have always been done (e.g., celebrating with an expensive meal, buying a house) and becoming more comfortable with saying no to social obligations that strain our finances, choosing instead to save and spend on what brings us and our families the greatest meaning and benefit—such as traveling, going back to school, making other investments." –Sandra E. Martin, editor in chief, MoneySense

• Businesses are "rounding up" purchases to the nearest dollar and putting the difference into our savings accounts.

COLLECTIBLES

"High-end objects (e.g., designer bags, watches, cars, wine, jewelry) have caught the interests of collectors and dealers." –Kelly Juhasz, Toronto appraiser

U.S. INTERESTS

• "Anything related to the Apollo Moon missions and space in general has skyrocketed in value." –Tony Drew, professor, Asheford Institute of Antiques

AUCTION ACTION

• A Babe Ruth NY Yankees shirt from 1928–30 sold for $5.64M.

• The first mid-engine 2020 Corvette Stingray, VIN 001, sold for $3M.