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Frugal History

A Lesson in Frugality, From the Tenements

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Posted on 12/13/2009 10:51 EST
Filed in: Commentary, Family, Frugal tips, Recession

How deep does that new frugality vein run in American consumers? An article in The New York Times explores that question and cites some surveys about our economic mindset, shopping patterns, and lifestyle. You might be surprised by what you read.

"On the weekend after Thanksgiving, the traditional start of the holiday shopping season, I skipped the department stores and headed instead to the Lower East Side Tenement Museum on Orchard Street in Manhattan. Hundreds of people had the same idea. Every tour was booked.

We each paid $20 to shuffle up the dim, narrow and creaky stairwell of a restored tenement where we learned about families who once lived on wages of less than a dollar a day..."

Read more on The New York Times »