User 68127

High-Income Shoppers Slashed Spending Most Over The Holidays

It is not that hard to figure out! Those who make $30k per year basically spend every penny just on non-discretionary living expenses--there is little ability to cut since they are already maxed out.

Those that make $150k+ who formerly spent it all have a lot of leeway to cut before reaching the necessities. The daily Starbucks, eating out, the expensive vacation, that fourth cashmere sweater, the nanny, the botox treatment, the club membership....