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Spending Less but Doing More

June 23, 2010
Reading Man by Martin Gommel

Reading Man by Martin Gommel

According to this NY Times article as a result of the recession, people are spending less on things and spending more time doing things.  While we all hope that the recession doesn’t have a long-lasting effect, I hope that this trend continues.

The article adeptly mentions that this is not like the 1930s where people were afraid to spend money on anything.  Instead, people are spending less money on things that are not important to them.  Goodbye, designer clothes and hello used canoes!

Is there one thing that you’ve cut back on buying since the start of the economic downturn?  When the economy gets better, do you think you will go back to old buying habits?

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