Frugal is the New Black:
Far be it for me to shun a new trend. For months I’ve been hearing words I hadn’t heard since childhood. Some of the words I’d NEVER heard before. Whether I turned on the news, listened to commercials on the radio, overheard couples talking in restaurants or listened to my own friends…this chatter never stopped. What were they all talking about?
- Recession
- Budgets
- Downgrading
- Coupons
- Sales
- Staycations
- Consignment Stores
- Selling on Ebay and Craigslist
- Canceling Services like Cable and Second Phone Lines
I must admit, I fought this with everything I had. Tried to ignore the chatter. But it got louder. I kept spending as I always had, revelling in all the new discounts and sales. But it finally caught up with me.
As with most drastic trends, I moved somewhat cautiously. I tried it on for size. But wasn’t sure if the color looked good on me. After clearing my head for a few weeks, I tried it on again. I don’t know if it was the spring tan or my new highlights, but suddenly it looked good on me. Suddenly I was a Recessionista!
And let me tell you, when I embrace a new trend…I am not shy about it. As budget websites popped up daily, I tried to visit them all. Before I knew it I was chattering like everyone else. My vernacular completely changed. Suddenly I was buying store brands of food and cutting services left and right. Some of these examples include:
- Cutting out movie channels on cable.
- Buying in bulk when possible.
- Putting thought into every non-necessity purchase, and often choosing to go without.
- Downgrading cell phone plans.
- Cutting frequency of services.
- Doing an Insurance Check and increasing deductibles.
- Using coupons.
- Shopping sales at the grocery store.
- Not eating out.
- Actually sending in rebate paperwork.
- Turning up the thermostat.
- Using cell plan’s free long distance instead of paying extra for these calls on landlines.
Before I knew it, I had literally saved thousands of dollars! Granted, I was spending way too much before becoming a Recessionista, but let’s not talk about that today.
As it turned out, I’m glad I embraced this trend when I did. Since I started, things in my life have changed. My full-time career is Sales. And sales careers have become very difficult in this economy. Many colleagues have already lost their jobs. Will I be next? Only time will tell. Whether I am or not, I think this economy has changed the way I will view money for the rest of my life.
I finally respect money and what it can do for me. I have come to be more disciplined in my use of it and more realistic about what I really need to live. I know you’ve heard it many times before, but I am starting to appreciate the little things more.
Spending used to give me a bit of a high. I loved the feeling of new clothes and furniture. Or the sparkle of new jewelry. I’m now going back and appreciating my “gently used” treasures. After all, gemstones still sparkle after a few years…just clean them.
In the meantime, my mind has become more calm. While I used to be a shopper looking for a fix, now I use my time to appreciate the things I already own.
And I must admit, joining in on new trends is always fun. I think I’m going to embrace the Recessionista Lifestyle for at least several seasons, as I don’t think this new trend will become outdated for some time. And the lessons I’ve learned will stay with me always, just like a classic Chanel bag.
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