Recession Must Haves

SEEN THIS MORNING
March 5, 2009 4:49:19 PM PST
Many of us are looking around to see how we can save money in this recession. But even in hard times, research shows people are willing to tighten their belts just so much. As the economy gets worse, consumer habits are shifting to deal with the recession. But a survey of 4,000 people conducted by BIGresearch found there are some basics consumers won't live without-- no matter how bad things get.

Americans aren't giving up access to the internet. Nearly 81 percent of those surveyed said they want to keep their access to the web.

Another 64 percent plan to keep their cell phones -- to chat and text.

And 60 percent said cable TV is a must.

Depending on age and gender, the value of "must have" items varies. Seventy percent of women surveyed preferred to hang on to their cell phones... while only 58 percent of men feel the same way.

So what will Americans do without? For starters, fine dining and hair salons.

Ninety-two percent said luxury handbags were expendable, followed closely by satellite radio, and shopping at high-end stores for cosmetics and clothes..


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