It always pleases me to hear that ore andmore people are switching to the femme frugal way of life. The New York Times reports that long after the recession ends people may continue to watch their spending. Read the article by clicking here.
Though NYT does tell us that the switch from super spender to super saver 1. can have negative effect on business owners, and 2. doesn't come from lessons learned but from changes in the way the economy runs due to the recent decline. I think an overhaul of the way we view our spending, both by the consumer and by businesses is long past due.
Enjoy the article.
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