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7-question survey: Are you spending less because of the economy?

January 29 9 Comments latest by Personal Finance Online

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[Update: This survey is now closed, data to be presented soon]

As I did with my research on gender and finance, I’m going to be collecting original data, analyzing it (with the help of a professional analyst), and presenting it on iwillteachyoutoberich.

Today, take a 7-question survey: Are you spending less because of the economy?

[Update: Oops, it’s actually 9 questions, heh.]



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COMMENTS

Leave yours...

Moneymonk
January 29th, 2008

The economy does not affect my spending, my job and other incomes sources do.

dawn
January 29th, 2008

I believe that the economy does alter my family's spending...

We have decided to tighten up our discretionary spending so we can put more in savings and investments. An uncertain economic future makes me more comfortable with more personal savings set aside... especially thinking about our two son's future.

Ron@TheWisdomJournal
January 30th, 2008

We've tightened by bumping the heat down a couple of notches, joined the "Grocery Game" (wife saved $56 yesterday), have begun researching a cheaper alternative to the beach trip we always take in the summer, and have installed CFL's everywhere.

I'm looking at installing an on-demand hot water heater, too. They say that 25% of your electric bill goes to heat the hot water.

kewpiedoll
January 30th, 2008

In your employent question, there was no choice for stay at home mom so I couldn't answer your survey.

Jimbo
January 30th, 2008

Regarding the employment question, where is the option for "self-employed"?

maliam
January 31st, 2008

I think that peoples spending always changes in January. New Years resolutions and trying to fix the overspending done during the holiday season. And the economy is always slow at this time of the year.

I think that the political scene and media make things feel all doom and gloom.

When the weather picks up, people will start spending again.

Stacy
February 2nd, 2008

The economy has not changed my spending. I have changed my spending because my goals have changed.

cindy
March 2nd, 2008

Can I deduct part of my airplane if I also use it for business and how do I determine that usage.

Personal Finance Online
May 17th, 2008

Not so, because I can still spend the same. And maybe if ever things comes worst on our economy thats iI will start tightening my finances

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I'm Ramit Sethi.

I'm a recent graduate of Stanford, where I studied technology and psychology. Now I'm the co-founder & VP of Marketing for PBwiki, a wiki startup in Silicon Valley.

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