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How to save in our new frugal world

Day 3 of the Newsday series: 'Hard Times: A Survival Guide for Long Island'

What a difference nine months make.

In the not-long-ago credit-card binge days, one of the "in" things was to own a TV the size of a bus. Today, it's to have six months of living expenses saved in case you get laid off.

Until recently, buying was the social norm - "having stuff, having name brand stuff, having the new, the bigger, the more," said George Barany, director of financial...

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