Take the Handbag, Leave the Cell Phone
Looks like the bad economy has forced us shoppers to give up handbags and facials. That's according to a recent survey by BIGResearch for the National Retail Federation, which wanted to find out what consumers have parted with since the economy started tanking.
We've also cut out satellite radio, specialty clothing, high-end cosmetics and maid service. But keep your hands off our Internet and cell phone service. Those are the top two things we can't live without. We're also keeping a firm grip on cable TV, discount clothes, hair cuts and color, fast-food meals and new shoes.
The survey also revealed that women have a firmer grip on cell phone service than men, while men can't seem to part with nice dinners out. And people between the ages of 18 and 34 find it easier to give up hair cuts and color than people in the 35 to 54 range. (Hellooo, gray hair!)
We've tackled this issue before in Shop To It. My husband and I took an ax to our expenses at the beginning of December, cutting down our dry cleaning bill and wiping out some nice-to-haves like Blackberry service and Netflix. It's been a little more than two months and I've missed having the ability to check my e-mail from my phone but there's no love lost in having a movie sit on top of my DVD player for weeks on end.
What have you cut out of your budget? What have you missed the most and what was easily forgotten? How much have you been able to cut from your budget?
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