The decade of bling is over in the USA. Now it’s supposed to be cool to dump the SUV, dumpster dive and freecycle. Having read reams of articles on this trend, I’ve selected the one I think is the best from the San Francisco Chronicle which is fairly long but required reading. It does a good job of showing the macro and micro reasons for the changes, and showing exactly how the economics translate into real everyday life for many people. Link to read full article: frugalamerica
Here’s the chart:
| IN | OUT |
| Saving | Borrowing |
| Cooking at home | Eating out |
| Fixing the old car | New car |
| Staying at home | Foreign vacations |
| 20 percent down | No down payment |
| Debit cards | Credit cards |
| Working past 65 | Early retirement |
| Library | Bookstore |
| Tap water | Bottled water |
| BART | Bay Bridge |
| Patching | Remodeling |
| Public park | Theme park |
| Eyeglasses | Lasik surgery |
| Poker night | Weekend in Vegas |
Source: Chronicle research, BudgetSavvyMag.com
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