Consumers cut back on small purchases – USA Today
No commentsAccording to USA Today, consumers are cutting back on small pleasures and purchases. One reason is because of the current period of economic uncertainty. The other has more to do with one of the goals of this particular site. A quote from someone they interviewed: “I’m working on becoming more of a minimalist. It’s a relief to have less.”
Bingo.
A couple more applicable quotes:
“The new status isn’t how much you’ve got, but your ability to show what you don’t spend.”
“The murky financial outlook and recession fears are factors. Another driver: fear of being out of step with a cultural mind-set that increasingly says less is more.”
In my opinion “living simple” isn’t about achieving some kind of perceived social status, I’m still happy to see that there appears to be a trend toward the simple. The article covers a lot of ways people are cutting back including some ideas that have been covered here such as packing a lunch instead of eating out. It’s definitely worth a read.
It also makes me wonder, are you cutting back because of financial worries? If so, what kind of cuts have you made?
LivSimpl
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Saturday, March 1st, 2008 at 9:30 am and is filed under Finances. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
