Your Two Cents: Do You Have Frugal Fatigue?

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posted on 1 year ago

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We've officially been in a recession for five months, but it feels like that's all we've been talking about forever. We can't do anything about the news variety presented to us, but it seems some consumers are displaying their frugal fatigue by spending discretionary income on non-essential items.

According to his research with stores around the country, Marshal Cohen of market research firm NPD Group Inc. said, "If you have kept your job and your income, you are tired of being so frugal." Still, some experts say that frugal habits are here to stay and the job situation has a long way to go before consumer confidence gets a big boost.