Frugality as a lasting virtue in a recovering economy
The piece argues frugality should persist after economic rebound, promoting mindful spending, savings, and a margin of safety. It links reduced expenses to freedom during job loss, enabling choices aligned with family, hobbies, and charity while warning against waste and overindulgence.
MENTIONED IN THIS ARTICLE
Oprah
Barack Obama
Snowbound Iowa Showrooms See Fewer Shoppers
In Elk Run Heights and Waterloo dealers report near empty showrooms as about a foot of snow keeps customers away. Paine's RV co owner Todd Paine notes winter slows purchases while Waterloo Boats manager Larry Vaive expects cabin fever to boost interest in fishing craft runabouts and pontoon boats.
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Iowa
Paine
Todd Paine
Waterloo Boats
Waterloo
Larry Vaive
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