Word: newe
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Dates: during 2000-2009
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...because of the realities of the Great Recession. Belt-tightening, whether it's imposed by job loss or financial insecurity, is de rigueur. The savings rate is 4.4%, up from its 2007 rock-bottom level. Book publishers are hurrying to catch up with the rediscovered restraint. Three authors with new books are eager to restore fiscal conservatism to its proper, vaunted role. Being thrifty has become a badge of honor...
Chris Farrell, the economics editor for public radio's Marketplace Money, is the most optimistic of the lot. "Profligacy is out. Frugality is in," he declares in his inspirational self-help book, The New Frugality: How to Consume Less, Save More, and Live Better. Farrell is so enthusiastic in his mission to promote a more sensible lifestyle that he makes the reader want to burn a credit card. Save more, pay off your debts and borrow less, and you can join Farrell's brigade...
...more photos of Royal Caribbean's new supership, go to time.com/oasis
...have grown accustomed to shopping for gifts only for ourselves and those close to us. This year, let’s have Santa re-direct our Christmas presents to help President Obama get a jump-start on his proposed initiatives—those who are able should take a new approach to presents this year by donating time or money to a charity or cause that helps further the “change” we’ve come to believe...
President Obama has proposed new stimulus packages for working Americans and aims to create five million new jobs. While everyone seems to be tightening their belts on spending this holiday, you won’t break the bank by similarly helping someone with their business. According to the World Bank, nearly one and a half billion people survive on less than $1.25 a day. Whether it be helping a basket-weaver in Ecuador or a sheep-herder in Kazakhstan, the organization Kiva.org allows you to play banker by investing small amounts of money in someone’s start...