Started By
Message

Are you changing your consumption?

Posted on 3/8/25 at 12:46 pm
Posted by fareplay
Member since Nov 2012
5876 posts
Posted on 3/8/25 at 12:46 pm
I am going through a phase where I think economy will be pretty bad. Normally, this would mean I should cut back spend but I’m also in the market for some things that may be impacted by tariffs.

Working as intended, cause consumer fear, lead to recession, lower inflation
Posted by UltimaParadox
North Carolina
Member since Nov 2008
47221 posts
Posted on 3/8/25 at 12:49 pm to
I'm definitely passing on any large purchases as our region particularly will get hit pretty hard by all the government layoffs.

Expect to see much better deals as people are forced to sell and liquidate in the upcoming economy.
Posted by I Love Bama
Alabama
Member since Nov 2007
38299 posts
Posted on 3/8/25 at 12:49 pm to
When my portfolio dumps, I do feel myself changing how I spend money and it makes no logical sense as my living expenses here in SA are already next to nothing.

But yes, I'm probably spending 25% less now than I was in q4 of last year.
Posted by lynxcat
Member since Jan 2008
24710 posts
Posted on 3/8/25 at 12:52 pm to
No
Posted by lsuconnman
Baton rouge
Member since Feb 2007
3574 posts
Posted on 3/8/25 at 1:09 pm to
I will. Last night I was looking through some old preorder confirmations for toys that won’t ship until October. If I get any notifications about price increase I’ll cancel some, and definitely won’t partake in the next cycle.
Posted by VABuckeye
NOVA
Member since Dec 2007
37486 posts
Posted on 3/8/25 at 1:35 pm to
No, I've been good about my spending for a long time. If you do your research most of the gloom and doom out there is predicted to be short term.

What I have done is adjusted expectations for returns.
Posted by baldona
Florida
Member since Feb 2016
22394 posts
Posted on 3/8/25 at 1:49 pm to
Are you consuming that much that a small increase is going to change your habits? If I see two items next to each other and one is much less, sure. I think this is mostly going to be hitting the stock market and mostly from short term unknowns and then major items, like maybe if certain car prices are more than a similar model for a different brand.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
81666 posts
Posted on 3/8/25 at 2:07 pm to
Not really, we spend WAY below our means to begin with. If our budget was tighter then yes, we'd be cutting back just to prepare a little in the event a recession did occur. Really no downside to cutting back - worst case no recession comes and you've got some extra cash to either put away in investments, add to an emergency stash, or treat yourself to something nice.
Posted by Civildawg
Member since May 2012
9736 posts
Posted on 3/8/25 at 2:09 pm to
I changed my consumption during Covid when inflation was raging.
Posted by lsuconnman
Baton rouge
Member since Feb 2007
3574 posts
Posted on 3/8/25 at 2:33 pm to
quote:

Are you consuming that much that a small increase is going to change your habits?


I think it’s the opposite. Needless consumption has an insidious effect on behavior. Unexpected price surges catch people’s attention resulting in recalibration.
Posted by GEAUXT
Member since Nov 2007
30121 posts
Posted on 3/8/25 at 2:46 pm to
No
Posted by Billy Blanks
Member since Dec 2021
4743 posts
Posted on 3/8/25 at 2:59 pm to
Dropped dental insurance. Didn't see much benefit really.

Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
51951 posts
Posted on 3/8/25 at 3:11 pm to
quote:

I'm definitely passing on any large purchases


This
Posted by Billy Blanks
Member since Dec 2021
4743 posts
Posted on 3/8/25 at 3:30 pm to
quote:

I'm probably spending 25% less now than I was in q4 of last year.


What did you cut out? 25% is huge.
Posted by SmackoverHawg
Member since Oct 2011
28908 posts
Posted on 3/8/25 at 3:32 pm to
I have been since COVID. Glad I did. Medicine has taken a f#$king over the last five years. Really since Obamacare, but during COVID and Biden, our healthcare system is on the verge of financial collapse as private insurers and PBM's rake in the cash.

I'm optimistic Trump will get shite lined out and we'll be much better off by midterms, but there is going to be short term pain. I think that's why he's ripping the band aid off and allowing the markets to use it as an excuse to sell off from these unrealistically high valuations.
Posted by Decisions
Member since Mar 2015
1550 posts
Posted on 3/8/25 at 4:50 pm to
quote:

What did you cut out? 25% is huge.


Must have halved the hookers and blow budget.
Posted by CharlesUFarley
Daphne, AL
Member since Jan 2022
722 posts
Posted on 3/8/25 at 5:25 pm to
Nope.

I eat the food and drink the beer I like, set my thermostat at 72, and take long, hot showers, and don't foresee that ever changing.
Posted by TorchtheFlyingTiger
1st coast
Member since Jan 2008
2606 posts
Posted on 3/8/25 at 9:28 pm to
I intended to significantly increase spending this year since we are still accumulating despite early retirement (other than very sporadic part time work). We stayed deliberately frugal first couple years to make sure it worked financially. I meant to make this the year we start spending on more costly wants such as home improvements.
It's gonna be difficult to justify extra spending and break decades of living below our means all during a down market.
Posted by fareplay
Member since Nov 2012
5876 posts
Posted on 3/9/25 at 2:06 am to
I have a car I really want to buy and convincing myself that if I dont buy now, it will be tariffed
Posted by SulphursFinest
Lafayette
Member since Jan 2015
10018 posts
Posted on 3/9/25 at 6:34 am to
I do see the vehicle market getting worse in the future
first pageprev pagePage 1 of 2Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram