Well my wife and I will do our part to further wreck the economy. We decided that our two boys (4 and 2) will get Christmas presents, but nobody else. None for each other, none for relatives, friends, etc. We’ll save about 5-$600.
We just can’t afford it now if we want to save any money. We’ve lost too much in the market.
To the extent possible, I’m not going to enrich the Obama “economy” now either. Decided I don’t need cable and will keep my old TV instead of getting a new widescreen. New laptop can wait as well.
Will cut back on anything that’s not a necessity and make do with old stuff that’s not totally worn out.
Wish my mom was still alive — she was a “depression” kid who had all sorts of sayings about using things up, wearing them out, etc. She really knew how to save, and I’m trying to emulate her even more now than I did before.
We can do this!