Do You Economise In Order To Afford Technology?

A new CNBC All-America Economic Survey reveals that approximately half of Americans have reined in their spending on travel, food and health care to be able to afford new technology. How much do you scrimp and save for gadgets?

The survey found that 49 per cent of those questioned have cut back in order to purchase the shiny slabs of metal and glass that they lust after. About 30 per cent of people cut pack on recreation, like eating out or going to the moves; 20 per cent buy less clothing; 11 cut back on groceries; and 10 per cent take a chance by saving on healthcare.

Does that sound familiar? How much do you cut back in other areas of your life to afford technology? And… is it worth it? [CNBC via Re/code]

Australian money photo by Shutterstock