There are a couple schools of thought about entertainment spending and recessions. One is that, when there’s so much dire news in the world, home video is a relatively cheap and welcome escape. Another is that, if you lose your job and are worried about the same, the first thing you want to escape is that monster cable bill. Anecdotally, I know of more people lately who have cut their cable and started relying on Netflix and online video to save money.
Has the recession changed your spending habits? If so, how? If not—what would go, and in what order, if you suddenly had to cut back? Movie tickets? Music? Cable? Or do you ditch nonessentials first, like food for the kids and medical care?