The New Frugality by Chris Farrell.
As the recession continues, with a downturn in spending, rise in defaulting mortgages and throttling of credit, a Go-Go economy has transitioned to an Uh-Oh economy. How did we get here, and what does it mean for individuals and families? The New Frugality lays out how Americans have overspent, and offers a way out through consuming less and saving more — showing that living simply is not just living cheaply.
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