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Middle-class Americans formerly addicted to begging and borrowing are spending less and saving more, reports Newsweek in a story about the death of the "latte era." To make the case, the story focuses on two local couples: 34-year-old computer engineer Brian LaCroix and his wife Yvette, who make $200,000 combined annually but "stopped frequenting a French coffee shop in Dallas" and bought an espresso machine; and 47-year-old marketing exec Alex Yakulis and would-be wife Meg Stewart, who're selling their gated-neighborhood, "million-dollar mega-manse in the affluent Dallas suburb of Frisco" for a house half the size and cost. You're welcome. --Robert Wilonsky
Keep the Dallas Observer Free... Since we started the Dallas Observer, it has been defined as the free, independent voice of Dallas, and we would like to keep it that way. Offering our readers free access to incisive coverage of local news, food and culture. Producing stories on everything from political scandals to the hottest new bands, with gutsy reporting, stylish writing, and staffers who've won everything from the Society of Professional Journalists' Sigma Delta Chi feature-writing award to the Casey Medal for Meritorious Journalism. But with local journalism's existence under siege and advertising revenue setbacks having a larger impact, it is important now more than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" membership program, allowing us to keep covering Dallas with no paywalls.
