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With all the news about a possible US economic recession, are you curbing your spending?

There is so much coverage in the press lately about a potential US economic recession. Some days we hear that its definitely happening and other days economists seem to think things might be ok. It certainly paints an uncertain outlook.

With all of this discussion of a potential economic recession in the US, how is the news impacting your personal spending? Are you thinking twice about ordering that Venti Chai Latte at Starbucks? Or perhaps, you're not going to take that planned family vacation this summer? We're want to know what you think.

Yes (61.1%)

No (13.8%)

Not yet but, I might in the near future (25.3%)

With all the news about a possible US economic recession, are you curbing your spending?
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48
  • 92cardiac By 92cardiac
    on Mar 07, 2008  

    I have always been tight. I have cut back on eating out and movies. I have to drive to and from work approx 65 miles a day. The price of gas has really hut me.

  • condrens By condrens
    on Mar 07, 2008  

    I don't usually blow my money. I work very hard for it and like to buy myself a treat every now and then.

  • renusharma By renusharma
    on Mar 08, 2008  

    We are resident allian and i am not allowed to work. My husband dont get enough salary for a comfortable life and i have to cut on even my kids milk. Life is never good for me here and the increasing cost of everything making it tougher.

  • stormywood By stormywood
    on Mar 08, 2008  

    My hubby is a owner/operator truck driver. Fuel costs are killing us. He drove 4300 miles last week. Grossed $3700.00 and brought home $550.00. At this rate we will not be able to afford for him to work. Those $800.00 fill-ups are the pits.

  • furbee By furbee
    on Mar 08, 2008  

    furbee says:

    we live pay check to pay check. trying to maintain a morgage payment and never ending tax increases so we dont have much to blow.

  • moneycometh By moneycometh
    on Mar 08, 2008  

    I have become the coupon queen of 2008 and with two growing kids eating me out of house and home, cutting back is a must. Don't forget the price of gas.

  • scatteredpearl By scatteredpearl
    on Mar 08, 2008  

    After being without a job for the first six months of 2006 for our family of four, being frugal, thrifty, and even downright cheap is very important to me.

    I was criticized when I was able to purchase 40 rolls of our favorite name brand of toliet paper for $5 and some tax back in October of 2007, but we're still using it in March of 2008.

    Our family's downfall is the children wanting toys and us finding it difficult to say no. It's getting easier though.

  • nicnmic711 By nicnmic711
    on Mar 08, 2008  

    With my husband choosing to retire rather than relocate (General Motors) because his plant was closing, we have cut back on lots of stuff. I downgraded my satellite service,cell phone and land line services.I am using alot more cou[pons and taking advantage of free offers whenever i can

  • kacyja By kacyja
    on Mar 08, 2008  

    We too have downgraded our satellite service, cell phone and land line. A peek into the future is not holding alot of promise at this time.

  • Bittles79 By Bittles79
    on Mar 08, 2008  

    I take a yearly vacation overseas in the spring. I am concerned with exchange rates. The US dollar is continually falling against the Euro and the GBP. I worry that I should skip my vacation this year, and put my money into an IRA or other interest bearing savings.