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Nowadays, people think that cutting back on spending is smart investing. The economy today is resulting in many people cutting back on wants, which is going to result in a lighter Christmas for most children across the United States.

In addition, you are going to see a decrease in good will and that less and less people will be donating money and or gifts to organizations as times are tight. As family and friends lose jobs, you will see a cut back in parties and get together and a decrease in family vacations.

All in all, there is going to be a drop in spending on things that are not an immediate need in the coming months.