Gotta have that new iPhone or that pair of Manolos? Just make sure you’re not digging a deeper hole filled with debt. Welcome to the world of fiscal sanity and responsibility. Steve and Annette Economides of Scottsdale, Arizona — yes, that’s their real name — have a simple mantra: plan. Plan ahead. Plan everything — food, housing, clothing, entertainment, travel, even birthday parties. Create a budget and stick to it, —especially in this tough economy.
“I go in as if I’m going in for a military strike,” Annette says of her monthly grocery run, in a phone interview from her suburban Arizona home. “[The] planning and executing takes less time than the four times a week that most families spend at the grocery in the one time.”