How has the recession affected your spending/saving habits?

Posted by admin
recession
βling βling asked:


I know that for most people who used to spend more and save less, it has become the opposite. Our household’s jobs are recession proof, but I would like to know what is going on for other people.

Hazel
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    • This entry was posted on Thursday, May 21st, 2009 at 3:29 pm and is filed under Finance. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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    No Responses to “How has the recession affected your spending/saving habits?”

    1. Trix Is My Kryptonite Says:
      May 23rd, 2009 at 4:31 pm

      Me and my husband already were careful with our spending habits even before the recession, but even more so now. There are times when we go grocery shopping and have to think about, “do we really NEED this?” Sometimes we have to break up our list in twos. We buy a few fruits and vegetables one week, and a few others a couple of weeks later. Things are kind of tough for us, but we have a roof over our head, which is more than enough. In terms of food, we’ve gone a few days without having full groceries and survive on just water, bread, fruits and vegetables.

      We try our best to buy items on sale and to buy generic brands. We hardly ever go out to eat anymore, not as much as we used to anyways.

    2. Moon Says:
      May 25th, 2009 at 10:04 pm

      Haven’t felt it cuz i never use credit and i spend only on what i need.

    3. nothingconstant Says:
      May 29th, 2009 at 5:53 am

      It hasn’t affected us much.

      We’ve always been avid craigslisters so we are able to have certain things we wouldn’t be able to afford retail.

    4. Alby Says:
      May 30th, 2009 at 10:48 am

      I’ve not been impacted. But I’ve been changing my habits to start using more cash instead of credit.

    5. eskie lover Says:
      June 2nd, 2009 at 5:05 pm

      I’ve always been a tightwad and miser, saved to buy big ticket items with cash and prefer to save over spending. That being said, I am saving even more and have put off buying a new car to preserve my cash position. I used to keep a 6 month emergency reserve and now think we need a year at least of living expenses saved up because everything is so uncertain.

    6. Darumu J Says:
      June 7th, 2009 at 3:26 am

      I cut down cigarettes from 300$ to 60$ a month.