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In a Tough Economy, What's the Last Treat to Go?

In a Tough Economy, What's the Last Treat to Go?

No matter what you call the current economic crisis — and Savvy has some suggestions for that — it's clear that personal budgets are tighter than they have been in decades. In some cases, people are being forced to sell their luxury possessions to pay for necessities. An article in yesterday's Washington Post examines this sad phenomenon, which echoes what happened in the Great Depression.

Fortunately, the current crisis isn't as bad as that of the 1930s. But back then, one of the last things to go for women was lipstick. "It was not particularly expensive, but it was a prized possession," Jeremy E. Adamson, director for collections and services at the Library of Congress, tells the Post. "You feel bad anyway, but you make yourself look a little bit better. It says, 'I care about myself.' Those little things are terribly important."

While there are other things I'd choose to keep over beauty goodies, it's true that little luxuries can often keep us in good spirits. Within the beauty realm, you can take my lipstick, my nail polish . . . but if the financial poop really hits the fan, I'll be hoarding my sunblock. If you had to give up beauty luxuries, what would be the last thing to go?


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