The recent financial crunch that affected the economy world wide have made people think; especially on how money is used on electronic and technology gadgets. I have known of friends that are cutting up cost on their mobile phones, Internet ADSL subscriptions, Home Satellite cable subscriptions, GPRS subscriptions and others. People also are thinking twice before spending on upgrades on technology gadgets. There’s a critical thinking now when it comes to spending and also a trend of frugal living. A replacement for example of an old CRT TV with a new Flat Screen LCD TV is put off.
The above scenario are just a few of the realities out there. How could one spend much on technology when the cash is not enough for buying gas going to work. A lot of people are having difficult times in coping up with the changing times. A change in the way of living is eminent and a guide of how to go about it is very important. I have encountered a book entitled “The Happy Minimalist” which is a very timely book that speaks about the matter. If you have time, go grab a copy and maybe you could pick something from it to help during the transition period.
It’s interesting to note how people are changing their spending habits and way of life due to this financial crunch. I also start to think of ways on how to cut my gadgets and technology budget, but sometimes spending on a laptop and Internet would be cheaper than the cost of constant telephone long distance to a family or friend away from home. The whole point is to be more critical in spending and still be happy in life even when you have less.