I've been wondering... Obviously we are only a handful of people who are explicitly frugalling here (with lots of lurkers... Hello!). But did you guys read the article in the news about how more than 50% of us shop at Aldi, Lidl and the like? www.telegraph.co.uk/finance/newsbysector/retailandconsumer/10936324/More-than-half-of-British-public-shop-at-Aldi-and-Lidl.html
I think this is great news, but surely Mark Carney and George Osbourne will need to take this into consideration before they do anything drastic like raise interest rates? I see encouraging signs of recovery, but on the whole I'm still v frugal and v much concerned as to whether this recovery is for real. In the meantime, at the large malls, I see lots of people spending money like there's no tomorrow. Particularly younger people.
I get that we all need to replace trainers, vests, undies, whatever... But I'm not convinced that we will or that we should go back to the spending that people were doing 10 years ago.
Sorry if this is a bit of a heavy thing to post, but I thought since we all trying to be frugal, we would have an idea as to why we are doing this, and what we think in general about money!
Fwiw I'm what the gov would class as middle income. And we are struggling, hence why I'm on this frugalling thread. I now always think twice, or three times before I buy something... And haven't really bought anything for myself (clothes wise) for a long time. With the other thread going here, on not buying any clothes for a year, it just makes me wonder about the impact it is having or will have on the economy - if even 20% of the population adopts these frugalling habits!