Spendthrift Americans from all rungs of the income ladder are taking a page from Scrooge these days, adopting new, cash-lite strategies to get through hard times, USA Today notes. They're managing to save by:
- Hocking whatever's collecting dust in their closets: The average household has $3,200 worth of saleable goods, according to one estimate.
- Eating at home, not in restaurants: No big surprise here; look to bulk grocery shopping to cut costs further.
- Clipping coupons: This old-fashioned activity is on the rise for the first time in 15 years.
- Avoiding credit-card charges: Layaway is making a comeback as formerly plastic-happy consumers are opting to pay with cash.
- Doubling up on jobs: The number of Americans working a part-time job on top on their regular job is up 11%.
- Postponing that vacation: Personal travel is down 1% as more Americans opt to stay home.
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