The Washington Post has launched a new blog that is similar to Bargain Babe. It’s called Small Change and it has stories about how the authors save money.
One recent post that caught my eye was about a story in the Wall Street Journal debating whether the current frugal culture will last after the economy recovers.
“The nearly $13 trillion loss of wealth since the recession began and the shaken confidence in the capitalist system is prompting a more powerful move toward frugality than usual,” the story says.
The stickiness of our frugal culture will be tested soon. Americans are getting more optimistic about the economy, according to a story in the NY Times that ties this shift to Obama’s presidency. “The percentage of people who said the economy was getting worse has declined from 54 percent just before Mr. Obama took office to 34 percent today,” the story says. “And 20 percent now think the economy is getting better, compared with 7 percent in mid-January.”