Alpha Consumer

Kate Hudson: I’m Cutting Back, Too

By Kimberly Palmer

Posted: December 8, 2008

Like millions of Americans, Kate Hudson says she’s cutting back this year, according to People. She’ll still spend the holidays skiing in Colorado, but instead of buying expensive presents, she’s creating her own gifts.

Hudson says she’s knitting something, although, in the interest of keeping the surprise, she declined to give many details. “We’ve always been pretty crafty anyway,” she told reporters at a press conference for Bride Wars, her new movie co-starring Anne Hathaway. “We all knit. The girls knit. This year I’m doing these great big knit…well, actually I shouldn’t even talk about it because I can’t say it!” she said.

She's not the only celebrity to adopt a new code of frugality this season -- Oprah has already announced that she's doing the same.

Considering following Hudson's example? For do-it-yourself project ideas, check out this interactive graphic.

Celebrities are just having fun!

It is even funny to hear about such steps of celebrities. She is cutting back and creates gifts on her own!!! Really funny! Perhaps it is more extravagant for her to do something on her own... It may be anything but for cutting back... Reducing expances is not about celebrities... ( http://rapid4me.com/?q=Kate+Hudson )

Fab of FL @ Jan 11, 2009 04:33:03 AM

creating versus buying

You can have the best of both worlds by creating personalized items. Shirts, caps, bags and lots , lots more.

Create and buy.

www.zazzle.com/illphil

Phil of NY @ Dec 10, 2008 21:47:48 PM

Who cares

Call me a grinch, but who cares what millionaires do to "cut back?" They don't have to, they choose to. And how are they cutting back? By reducing their spending from "extravagant" to merely "expensive?" All these rich people are doing are soothing their consciences by making-believe they are one with the little people.

Give me a break.

jimmy of NY @ Dec 08, 2008 15:12:30 PM

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Alpha Consumer

Alpha Consumer

Kimberly Palmer, senior editor for U.S. News & World Report, writes about how to save money, avoid scams, manage debt, and be a savvy shopper. Send your personal finance questions to her for expert money advice.


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