
Nearly half of Americans have cut back on spending, including for travel, food and health care, in order to afford their technology.
The CNBC All-America Economic Survey found that 49 percent of the 805 respondents economize to afford technology. The nationwide survey, with margin of error of plus or minus 3.5 percent, found the top way to save for technology, chosen by about a third, is to cut back on traditional entertainment such as movies and restaurants. But 20 percent report cutting back on clothing, 11 percent purchase less food and 10 percent have reduced spending on health care.
When it comes to which technology is the most important, Americans clearly choose the cellphone. Asked which bills they definitely would pay if they ran into hard times, 39 percent said they would make sure to get a check in the mail for their cellphones, compared with 28 percent for Internet services and 20 percent for pay television, such as satellite or cable. But just 46 percent felt totally committed to paying their credit card bills, just five points above the response for paying for cellphone bills.
http://www.cnbc.com/id/102067247
Basically people in this country would rather rock the latest phone than travel, eat and be in good health. These phone companies sitting back like
That movie Idiocracy really seems like it might have predicted the future of this country. People can spend their money however they want, but I don't think the majority of people stop to breakdown just how much money they're pissing into the wind on their phone/cable bill, it's no wonder people don't have any savings and are in debt.






but not really surprised ultimately. We've grown to have a rather sheltered culture here.