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Step 1
Know that consumers cut spending in tough economic times by spending less on entertainment. Stop going to the movies and rent instead. Or subscribe to Netflix to get the maximum number of video rentals for the lowest monthly price. Or cheaper still, wait for movies to come to cable or to air on a local station.
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Step 2
Remember that consumers cut spending in tough economic times by eating out less. Cut back on visits to fast food places or to sit down restaurants. Instead, cook simple, hearty meals and serve leftovers the next day to avoid wasting food. If you do eat out then use coupons to save money. You can find restaurant coupons in the Sunday paper, in the mail, or on the internet.
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Step 3
Consider that consumers cut spending in tough economic times by cutting back on vacations. Vacations are a luxury that may not be affordable during tough economic times. It may be necessary to cancel vacations all together. Or shorter or less expensive trips may be taken instead of costlier ones.
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Step 4
Know that consumers cut spending in tough economic times by finding low cost or free sporting events. Watch your favorite team on television instead of purchasing tickets for live events. If you do not have cable television then find friends or relatives who will let you watch the game at their house. Or listen to your favorite teams play on a sports radio show on an AM radio station. You can also keep up to speed on games via the internet on sites such as ESPN.com.
