Cable TV and soda pop: What have you given up?
Posted
Apr 24 2009, 08:41 AM
by
Karen Datko
Rating:
Some personal-finance bloggers have started a list of things they no longer purchase, either to get rid of debt or survive the recession -- or both.
It started at No More Spending, where debt-slayer Laura says she doesn't miss any of the things on her list. It includes newspapers and magazines, soft drinks and bottled water, paper towels, gift wrap, DVDs, and eating out for lunch, among many others. Oh, and she gave up her personal cell phone and credit card interest (she no longer carries a balance).
Her readers mentioned cable TV, Christmas gifts, manicures, Starbucks and "fries with that," etc.
That mindset is consistent with a remarkable new Pew Research Center survey that shows Americans are redefining what constitutes a need vs. a want. Abruptly reversing a trend of the last 10 years, the center says, "No longer do substantial majorities of the public say a microwave oven, a television set or even home air conditioning is a necessity. Instead, nearly half or more now see each of these items as a luxury."
The Pew survey (we strongly recommend you click on that link) also found that eight in 10 people are economizing in response to the recession by doing things like mowing their own lawns, trimming or dropping paid TV service, and planning a garden.
While those directly impacted by job loss or a substantial reduction in retirement savings are most likely to economize, the Pew Center said, the growing perception that things like air conditioning, dishwashers and clothes driers are nonessentials isn't limited to those people.
That's a stunning change, and the posts by Laura and her blogger friends exemplify our newfound frugality.
"Fabulously Broke" wrote that she's given up gym and accountant fees, cable TV, paper napkins, hair care products (she uses apple cider vinegar), feminine products (excluding the DivaCup), and checked-baggage fees (she does carry-on only).
"Neimanmarxist" at The Reductionist has dumped: wine with dinner every night; driving to work, which is possibly a result of giving up the second car; personal trainer; store-bought bread and breakfast cereal; among other things.
Her list of items she hopes to eliminate from her life include the Swiffer Sweeper, student loans, and afternoon coffee at the café.
No way is she giving up wine altogether, sending her husband's shirts to the cleaner (we totally understand how much she hates ironing), holidays and a warm house in winter.
What have you given up?
Related reading:
Even small purchases can open up a money pit
DIY: Better ideas for homemade wrapping paper
We love cell phones (cable, not so much)