Easy access to credit cards and home equity loans enabled Americans to live more lavishly than any previous generation. Our attitudes have become very attached to “Why should we worry about tomorrow when we have today.” Well, tomorrow is here do you have a better spending plan in place?

We have for years seen a cultural shift in spending habits forcing many consumers to change their actual spending habits. The loss of jobs has become immense. Now raises and bonuses are a thing of the past. Combined with many years of overspending many of us are left with unmanageable debt.

A more grounded consumer can emerge and realize that life is not defined by what we buy or possess. As a culture, we hopefully will learn to spend more practically and not fall prey to the excess spending of the past.

Change can be difficult but not impossible. As our financial economy continues to change. We need to put more thought into how we spend our money. Regardless of the state of our economy, conscious spending should always be at the forefront of our thinking.

Living within our means and planning for our futures is the beginning of Yielding to better spending.

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