I came across a very informative article on CNN.com/Money recently: The Five ‘New Normals’ That Really Will Stick. Written by Fortune’s Ninhai Tseng, the piece is a great reflection on the recession of late and how Americans are forced to consider the ‘new normals’ that are part of how we live these days.
Tseng writes, ‘It’s not easy to change Americans’ financial habits permanently, and ‘new normals’ don’t always last. Fortune found five that just might stick, at least for a while.’ Check out the full article at: http://money.cnn.com/2010/08/20/news/economy/New_normal_economy.fortune/index.htm
For us Kissters, we’ve prided ourselves in always being frugal. Two of the ‘new normals’ that really stuck out to me were ‘Saving Over Spending’ and ‘Staycations over Vacations.’
I thought I’d elaborate on those two topics and how to follow these ‘Normals’ with a creative approach.
Saving over Spending
Fortune says, ‘ ..[I]f we’re more responsible spenders after we emerge from this economic malaise, we’ll save ourselves some more pain in the future.’
Here are some ways we save:
Use Grooveshark or Pandora to check out new music before you buy the entire album
Cooking over take out
Or – take out over eating out!
Wait ‘til it goes on sale
Buy off brand
Pack your lunch
Tap over bottled water
Staycations over Vacations
Fortune says, ‘With high unemployment and a preference for saving more as possible mainstays of the U.S. economy, more of us are also likely to vacation closer to home.’
Here are some ways to make your ‘Staycation’ even more enjoyable:
Picnics – Indoor and Outdoor
A Potluck dinner with friends
A daytrip somewhere close by that you’ve never visited
Take a class – wine and beer tastings, as well as cooking classes are everywhere and you can buy only 1 session; you don’t have to do a full series
Thank You, beyondblossoms.com, for the photo!