Wednesday, July 16, 2008

Gen X getting pinched?

Via Boston Gal: Where Americans will (and won't) cut back:
Even in tough times, consumers demonstrate a reluctance to give up everyday indulgences - CNNmoney.com


According to the article, Gen X is feeling the pinch particularly acutely because we're more likely to have kids at home, to have bought houses recently, and to be in the middle class—but the article doesn't mention what, specifically, consumers are cutting back on (despite the promise of the headline).

I have a toddler and a new house, and am definitely in the middle class, but the only place I'm really feeling pinched is at the grocery store. I've started going to Super Target because I can get everything there (so it saves a trip) and because the prices are much, much better than at least one local store that I kind of hate anyway.

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