Oh, yes it does. I joined comixcology, because I was doing the same thing with comics and had to cut costs. (You can borrow books, and things are greatly discounted.)

But yeah, I've pulled back. Doing better than I used to. But because of the Kindle Daily Deals -- I know own Octavia Butler's entire Parable of the Sower series (and I haven't read it yet). Also more romance novels than I can ever possibly read or want to read in one life time. (It's pathetic really.)