Frugal Cottage

As things get tougher and money becomes scarcer we all have to start thinking outside the box. We have been so spoiled, for so long, that we take the most basic things for granted. When I was four years old we moved to Bolivia, in the middle of South America. I spent 30 very happy [...]

TOKYO: As recession-wary Americans adapt to a new frugality, Japan offers a peek at how thrift can take lasting hold of a consumer society, to disastrous effect.
The economic malaise that plagued Japan from the 1990s until the early 2000s brought stunted wages and depressed stock prices, turning free-spending consumers into misers and making them dead [...]