frugal consumer

Americans' Top 12 Ways to Cut Their Spending

That box of store-brand cereal is looking more tempting to a lot of Americans: A new Harris poll lists buying generic as the top way consumers are cutting back on everyday expenses. What other methods are we using to stretch out our budgets, and how much more frugal are we getting? Read on ...

Consumer Debt Jumps, But Credit Card Use Falls

U.S. consumers appear to be getting bit less frugal: The amount of consumer credit in use unexpectedly rose in October for the second straight month. But the whole rise came from non-revolving debt, which includes auto loans and personal loans, while revolving debt, which includes credit cards, plunged.

More Gen Xers Are Pinching Pennies, Harris Poll Shows

A recent poll shows that penny-pinching is still on the rise in the wake of the Great Recession: 62% of American surveyed are buying more generic brands, and 45% are brown-bagging lunch to save cash. Moreover, the direction of the poll numbers suggests permanent changes in the way Americans spend.