Saving is like plumbing. To save, you have to find the source of the leak and then plug it. There are many ways to save, you just have to know where the major leaks are and start working on them. The economic slowdown proved to be the impetus for Americans to really look for ways to save on the dollar. Most, if not all, avoided making any major purchase. Purchases were limited to essential items like food. But how can you save when a holiday is in the horizon?
The slowdown, which became a full blown recession, happened sometime in the third quarter of last year