Tag Archives: Recession

The Recession Made Me Do It!

Desperate times call for desperate measures– as the saying goes.  Last Friday I found an article in Glamour magazine by the same title.  It talked about things that women are doing that they never imagined they would have to do to stay afloat.

So that’s our topic today.  What has the recession made you do?

Have you done anything outrageous like sell your blood for cash?  Have you become a first time coupon clipper?  Buying store brand instead of brand name?

Tell us the funny and not-so-funny changes you have been forced to make.

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“Untouchable” Expenses

In a less is more economy, what are you willing to live without?

Pig

In a recent online survey conducted by BIGresearch and Stores magazine, over 4,100 respondents said Internet service, cell phone service, basic cable television, scoring a good deal on clothes at discount retailers and getting their regular cut and color were “untouchable” in cutting their own personal expenses.

Conversely, the “It” bag was the first thing to go for a whopping 92% of respondents.   It also appears that Americans were willing to cut loose Satellite radio, high-end boutiques, pricey cosmetics and their maids.

Aside from the basic necessities of life which in my mind include,  Internet, cell phone and cable services; in addition to my regular cut and color, I would have a hard time giving up my subscriptions to the Wall Street Journal, Vogue and InStyle magazines- although they are all on borrowed time.

Of the personal services that I still maintain (many of which where traded in upon motherhood) I would have a very hard time leaving my hairdresser/friend of 10 years, Minda.  I think I would weep like a baby in the chair of a discount chain hairdresser.

On the other hand, I am willing to trade in my trips to Caribou Coffee for a pot of home brew; downgrade my makeup, styling products and nail polishes (as painful as it is) to drugstore brands and borrow more books at the library instead of purchasing them.

How about you?  What are you willing to send to the chopping block and what would you consider “untouchable”?

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Please refer to the Fashion Sensei Services page for more information on Wardrobe Styling Services in the Metro Detroit area or advertising opportunities.

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The "Mini Trend": Is Bigger No Longer Better?

While reading the Sun this afternoon, I stumbled upon an intriguing concept emerging from this recession, the “mini trend”.

In an effort to continue marketing to the “recessionista” crowd, the mini trend has emerged as a way of appealing to style junkies whose bank accounts are quickly becoming tapped out.

Instead of purchasing a full outfit that embodies a current trend, those who want to look stylish, but no longer have the cash (or more likely, the credit line to buy a full outfit), may instead buy one item from the trend.

This is hardly a new concept.  As women grow older, they look silly in a head-to-toe trend.  Not to mention, those fashions were not made for our more, shall we say, mature bodies.  So, in order to look hip and young, we buy the “in” belt, shoes or handbag.

But then I got to thinking, is America changing the way we think about ourselves and how we spend our money?  Are we becoming more introspective?

Money magazine has declared “Super Size Is So Over…”  While they are referring to the actual size of things like the Mini Cooper and the decline of “Mc Mansions”, I’m beginning to wonder, are we really changing our opinion that bigger is better?

The king of luxury, Chanel designer Karl Lagerfeld was recently quoted in the New York Times as saying:

“This whole crisis is like a big spring housecleaning — both moral and physical… Bling is over. Red carpetry covered with rhinestones is out. I call it ‘the new modesty.’ ”

Could this recession be changing the way we think about ourselves and how we spend money? Or is the downsizing that many of us are experiencing a short lived fad to get us through, until we can go back to our more free spending ways?

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