The New Thrifty Consumer
July 21, 2009 by Karen Weideman
Filed under financial matters
Guest post by Sarah Russel.
With the economy experiencing its own problems, most people around the country have been forced to rethink their expenditures and cut back on items which are only purchased for their luxury appeal. There have been many new terms with which to refer to this more conscious effort to reserve spending habits (recessionista, poorgeoisie), but for many typical middle-class family, this is a normal effort that parents put forth in managing their funds. These families understand that they cannot shop at high-end stores, but must instead provide for their children and make sure they are fed and clothed.
While …read more
