More than six-in-ten (62%) Americans say that since the recession began, they’ve cut back on household spending. Half say they have reduced the amount they owe on mortgages, credit cards, car loans and other borrowing. Of those who have savings or retirement accounts, more than four-in-ten (42%) say they’ve adopted a more conservative approach to saving and investing, compared with just 8% who say they’ve taken a more aggressive approach.