Survey: Frugality reigns 5 years after crisis

 

Source: Mark Jewell, Associated Press (USA Today)

The frugality and investing discipline that the 2008 financial crisis imposed on Americans appear to have led to permanent changes in behavior on money matters, according to a survey by the nation's second largest mutual fund company.

Spendthrift ways are unlikely to again become as pervasive as they were before the crisis, Fidelity Investments concluded Wednesday in releasing results of its "Five Years After" survey of nearly 1,200 investors.

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money management, savings, spending, budgeting, frugality

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