(CNBC) — In this climate, who knows what lies ahead, so many Americans are choosing to play it safe.
To that end, nearly 2 in 3 Americans are limiting their monthly spending, according to a new report by Bankrate.com.
The majority of those polled cited the need to save more money as the reason behind a more cautious approach to spending, while one-quarter blamed stagnant income, followed by worries about the economy and having too much debt.