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For many Americans, a season of saving
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Contributor | Jason |
Last Edited | Jason Dec 08, 2008 09:50pm |
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Category | News |
News Date | Tuesday, December 9, 2008 03:00:00 AM UTC0:0 |
Description | Cristi Harris and her husband are both relatively secure in their jobs, and they’re far enough away from retirement that the recent stock market drop isn’t weighing heavily on them.
And yet this holiday season Harris and her husband plan to cut their gift-giving budget by 75 percent.
Harris and her family, who live in Colorado Springs, Colo., will make peanut brittle and play board games instead of heading to the mall. They’ll spend about $100 on each of their grown sons instead of the usual $400 to $500, and give low-cost gifts like magazine subscriptions to their extended families. |
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