Yes, you read it right, being cheap is the new fad. Personally, I prefer frugal since it sounds better but hey, who am I to judge? I love to be frugal. I love to save money on things I normally buy, save money on things I normally use and save money on things I splurge on. Who's to say it can't be a splurge even if it's cheap?
I read an article today on cnn.com, In a recession, cheap is chic. It's interesting how people are reacting to the recession. No longer wearing your income on your sleeve, no longer spending like there's no limit on your credit cards, no longer keeping up with the Joneses (heck, they're probably broke too)...
Times have changed. For the better? Maybe in some ways. This economic time might wake people up and start them living within their means. But then again, the long term effect may change everything. Inflation is a distinct possibility after a recession. Clawing our way out of debt is always a long term obstacle. Only time will tell.
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