I like Mint.com, so today while I was setting up my budget (and noticing how broke I am as usual), I came across the link to mintlife, the blog for the application. Interesting stuff there, of particular notice to me as I live in Portland Oregon was Mint.com‘s blog post mentioning discretionary spending cutbacks this year by their users.
Organized by the most hit cities, I was kind of shocked to see Portland on that list, not only on the list but quite close to the top. The only cities worse were in Southern California and New York State.
We all know that Americans have cut back on their spending during the recession but where are they cutting back the most? Comparing 20 cities across 25 “discretionary” categories we found that five cities spend less than the national average and cut more of their spending (yr over yr) than the national average. Our latest map is based on the aggregate data from over one million Mint.com users, a representative sampling of US consumers.
Full map after the break.
Budget help from Mint.com
Click on the full map to go to a larger version.
I see we still rank ok on sporting goods purchases so all is well.
Via: Mint Map: America’s Most Frugal Cities | MintLife Blog.