More People Are Cutting Back On Spending

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(credit: AP)

(credit: AP)

420x316-grad-silva Anthony Silva
Anthony Silva is co-host of the WBZ Afternoon News heard each wee...
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BOSTON (CBS) – According to the latest financial security index from, more people are cutting back on their spending.

Greg McBride at Bankrate says about 40% of those who responded say they have reduced their spending recently.

McBride tells WBZ those 50-64 were most likely to have cut back on their spending, and the under 30 set was least likely to have done so.

WBZ NewsRadio 1030’s Anthony Silva reports

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