In the UK at least, members of the middle class are more and more "using price comparison websites,
downloading sales vouchers, looking for moneysaving tips and shopping at
online budget stores" according to a survey by Hitwise quoted by Carol Lewis in First in line: online habits during the credit crunch (The Independent, September 22).
One of the most visited destinations online in the UK is Money Saving Expert by Martin Lewis which I never heard of being based in the US and as most American residents and citizens not always aware of what’s happening in the wider world.
Does it soothes its readers anxieties? I will let you decide.
I was actually surprised to hear Cub Reporters in a Bear Market a segment of On the Media (September 19) mention that the Columbia School of Journalism had difficulty recruiting students for their Business and Financial reporting classes. Cheryl Strauss Einhorn said that this year only four students enrolled in her class.
Another thing that amazed me was the throngs shopping at a local mall, the past Saturday.
I wondered if most were oblivious to what happened during the week or just did not care…shop til you drop.
A simple explanation could be that for the most part we are financially illiterate.
Monday morning Consumed to Thrifty musings on trends, shopping, money, meaning and middle class angst.
Related: Leftovers is the new Molecular Gastronomy, Polly Vernon Survival Tips