11 July 2008

frugalistas are hip, being frugal is smart

This morning, while I was getting ready for work, I was watching Jim Kramer on the news, talking about this American Dream special. He was giving this really rallying speech about how we, as Americans, are winners and how even if Fannie Mae/ Freddie Mac fold, the government will step in and take care of it, and we'll have mortgages and be okay.

Then yesterday I read something Suze Orman (who I love) said about how people aren't REALLY changing their ways from this economy, they are just changing them for right now, because they have to, but people will go back to their old habits when the economy improves.

Realistically, Suze's probably right. I mean, Suze's always right, even if you don't want to hear it. (If you don't watch her, there's a part of her show where people call in and ask if they can afford to buy certain things. Most of the time, she says no.)For example, you wouldn't believe how many people say things to me like "when this year is over, you can go on a shopping spree!" Yeah, um, that isn't the point!

I don't have much of a point tonight, except to say that while, as Ashley so eloquently put it this week, "frugal is the new green," let's hope that neither of them are the new pegged jeans, or macarena, or fondue party. If we need to be down with the new fads, we can all go get the new iPhone.

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