Are you cutting down on your shopping in view of the global economic meltdown?
By ram_cv
@ram_cv (16513)
India
8 responses
@ag_abscruzmd (2282)
• United States
11 Oct 08
Hi! Even if I'm just spending for myself (because I'm single), I have cut down on buying clothes and dining out. I am fully aware that times are hard. Even with less shopping, I still could not save because there are bills to pay. That's how difficult it is these days, and I just wonder about those who have a family to feed. I hope the economic crisis will soon be over.
2 people like this
@ram_cv (16513)
• India
11 Oct 08
Yes... if consumers stop going to the shops, the retailers would have to join in the slowdown... The good news though is that oil is now at $83 a barrel which is at it's lowest in a long long time... So that helps retailers cut costs and cut prices...
Cheers!
Ram
1 person likes this
@sassygirlanne007 (4517)
• United States
11 Oct 08
I am definetly being more carefull on what I buy and how much of it. I can't afford to buy anything extra lately.
2 people like this
@stvasile (7306)
• Romania
11 Oct 08
For me, the only crisis impact in the media, and in the exchange rates. Prices are not going up or down around here, and I don't have money in banks so, I might be ignorant of the whole situation, but I fail to see the impact on me.
@stvasile (7306)
• Romania
11 Oct 08
The prices are fluctuating, but in the usual trend. The Romanian economy isn't that good, even if some say that during the last year the economy grew.
It's not a matter of insulation, but I'm sure that here the economy responds more to rumors than to well argued economical influences.
1 person likes this
@bowtieguy (5915)
• United States
11 Oct 08
I have been cutting back since the spring, with the prices of several items going up so high. I mostly only go out when there is a good sale to be found and don't like to travel to far from home to do it.
1 person likes this
@mimico (3617)
• Philippines
11 Oct 08
I think stores are also trying to price their products fairly in order to draw in more shoppers. There are many on-going sales in my area so I can't resist splurging on things I don't really need. I don't find myself cutting back on expenses because I think the store have already adjusted with regards to the economy. This may be just my thinking though because I don't really know if prices fro clothes has gone up or not...
1 person likes this
@sumiirajj (1983)
• India
11 Oct 08
Hi friend, I am not cutting down the basic needs because when we cut short our requirements it would affect us in many ways.Our mentality would change and when the food and basic requirements gets reduced we would not feel happy.We would not be able to concenterate on work or anything.So I cut down all extra shopping,like dresses and unnecessary things.Above that I dont know how to be frugal.Being frugal affects even the children when we dont satisfy our needs.thanks for sharing.happy mylotting.
1 person likes this
@sumiirajj (1983)
• India
20 Oct 08
Hi Ram,Happy to receive best response from you.
1 person likes this
@eiram25 (1076)
• Philippines
11 Oct 08
n0pe,i'm not cutting on my shopping habits.right now,i try to be a smart buyer unlike before.these days,money is so hard to earn so i need to buy things that i can use for a longer period of time.shopping is indeed a stress reliever especially with the kind of work that i have.happy mylotting!
1 person likes this
@divinchris (2449)
• India
11 Oct 08
Hi friend!I have cut my gasoline usage its because of high gas cost and its a fossil fuel so I try to minimize my usage.Happy Posting
