With the shifting economy, there's a new mindset for consumers: frugal optimism.
According to a recent shopper survey by SymphonyIRI Group, shoppers believe the current economy will continue to improve. However, "the vast majority of shoppers . . . have no plans to change their conservative shopping behaviors in the near future."
Shopping conservative doesn't mean avoiding making long-term investments or purchasing higher-end items. It is more about setting goals, deciding what is important and getting resourceful.
Last year, HomeGoods published survey results that revealed 47 percent of Americans have not updated their home decor in the last five years and 9% percent haven't in more than 10 years. The survey also showed that 38 percent spend 5 to 8 waking hours in their home while 26 percent spent over nine hours.
With the growing numbers of people working from home or home business start-ups, home is the central part of many peoples professional and personal life.
No matter where you are in life, it is critical to create a living environment where every family member will love coming home. A good home foundation is the basis for success of your personal life, your family and your business. In short, home is where it all begins.
article on Oprah.com, the founder of TreeHugger.com and LifeEdited.com Graham Hill shared his best wallet- and eco-friendly habit. He said, "Make home design and fashion choices based on classic, timeless styles. Environmentalists often want to talk about the greenest materials or recycled content, but sometimes the best move for you and the planet is to buy something you really love that will last a long time."
Investing in quality handcrafted furniture or home decor enhances your living environment, lasts longer and means you will spend less replacing cheaper versions that will wear out in less time.
It's time to think "frugal optimism." Instead of saying "I can't afford that." or "It's too expensive.", it is time to get resourceful and find out how you can incorporate a new desk or living room set into your budget. It's time to shop around, discover what it is you want and budget or find ways to accomplish your goal.
It's time to love coming home.
- Article: Frugal Optimism is Mindset for 2012
- Slideshow: Oprah.com: Expert Eco-Tips
- Article: HomeGoods Survey Results