Opinion | Scrimp, Save, Reuse And Recycle: Americans Plan To Get Thrifty In 2023 – By Sam Killip (IB Times) / Dec 28, 2022
Making less go further, selling unwanted items, buying second-hand goodies and rejecting rampant consumerism will be major trends shaping the lives of Americans in 2023, according to new research.
The third annual US Consumer Trends report from Attest shows that Americans are cutting back their spending plans for next year in the face of the cost-of-living crisis, and plan to get thrifty in order to save and (even make) a little money.
Asked how they’re spending money going into the new year, most Americans (59%) say they are pulling back, while only 22% say they are spending “freely.” There has been a five point increase in “fairly cautious” spending and a four point increase in “very cautious” spending compared to last year’s report. The tough economic circumstances appear to be keenly felt across the country, and people are planning for further hard times ahead.
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