The lipstick effect can be a help or a hinderance to your commitment to frugal living. Find out what the lipstick effect is and how to deal with it. What is the lipstick effect? The term came about because of our most recent world war. At that time, money was very tight, and people could not spend much money on luxury items. This is similar to today’s situation and our difficult economy. Almost everyone is trying to save money and live frugally. An interesting phenomena occurs during times of economic hardship. Specifically during the war years, sales of lipsticks soared. … Continue reading →