Good Habits!

"Consumers Say New Financial Habits Will Outlast Recession


Eighty-one percent of Americans said they have become more responsible with their household's money since the economic downturn, and 46 percent said they are much more responsible, according to a survey by Weber Shandwick, a New York public relations firm.

The survey found that many have changed their financial habits, including buying sale items (80 percent), becoming more concerned about saving money (78 percent), learning how to budget better (68 percent) and asking their bank more questions (47 percent).

Forty-two percent said they are "saving as much as possible," and roughly 60 percent said their new savings and spending habits will likely continue after the economy recovers."

***This is a reposting of an ABA DAILY BYTES email story from 9/24/2010.