Consumers Retrench as Economy Weakens
January 21, 2008 | 9:04 pm | by t-blender |Rate It:
yahoo news: NEW YORK - Joi Freemont, a dentist in suburban Atlanta, doesn’t have to look further than her appointment book to tell that people are worried about money.
Patients who used to get their teeth whitened all the time “now want to think about it a bit,” she said. Braces? “People were getting them for the kids, for themselves, but now they’re waiting,” she added. And when people get cavities, they have their fillings done one a month, not five or six at a time, she said.
As a result, Freemont and her husband are worried their income could drop and are trying to be more prudent with their money. They’re monitoring spending more closely and continuing to whittle down their credit card balances and her dental school debt, she said.
“We know how to put the brakes on if we have to,” said Freemont, 35.
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