Monday, January 4, 2010

Doing More, Buying Less

A couple of months ago I blogged about spending on experiences rather than things. According to an article in the New York Times, this seems to be a trend happening across the U.S.

Quietly but noticeably over the past year, Americans have rejiggered their lives to elevate experiences over things. Because of the Great Recession, a recent New York Times/CBS News poll has found, nearly half of Americans said they were spending less time buying nonessentials, and more than half are spending less money in stores and online.

But Americans are not just getting by with less. They are also doing more.

Some are working longer hours, but a larger proportion, the poll shows, are spending additional time with family and friends, gardening, cooking, reading, watching television and engaging in other hobbies.

I think this is a wonderful trend. My fondest memories growing up were of the experiences I had with my family, not of the toys they bought me....

My friend Sheri's parents took her and her boyfriend to the Reagan Library as one of their Christmas gifts. They spent the entire day together having lunch, touring the library, and the highlight of the outing was touring Air Force One. What a wonderful gift!

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