Don't get carried away with spending
December 14th, 2007 by oliviaSource: Cincinnati Enquirer ()
Cleaning through some old e-mail the other day, I ran across one item that suggested that if you really want to save gas money, give up driving one day each week.
One day a week: Walk, take the bus, catch a ride with a neighbor, hop on your bicycle, stay home. Not a bad idea.
It got me thinking. What if we gave up shopping one day each week during the holiday season? No picking up a rotisserie chicken at the grocery store, no quick trips during lunch hour, no dashing to the mall to use that coupon before it expires.
Too drastic? How about avoiding shopping, entirely, for just one day?
When I shared this idea with my husband, he responded: “One day? How much money could you save? People don’t shop 24/7.”
Oh, they don’t? And this is from a man who calmly watched me buy three winter jackets, all on sale, this season. Winter white, gray and black. Furry, wool and puffy.
Shopping is a 24/7 budget buster this time of the year. There’s a holiday ambush everywhere.
Yes, there are other ways to control spending. Such as:
Don’t touch - or don’t try it on. If you try it, you’re more likely to buy it, said Joann Peck, professor of marketing at the University of Wisconsin-Madison.
“Once you touch it, you feel the sense of ownership - psychological ownership,” Peck said.
Peck also warned that even if you’re shopping online, you are more likely to buy something if you imagine wearing it or using it.
Watch your kids to see how this one works.
On the day after Thanksgiving, my son patiently waited while I was buying some door-buster items at the Sharper Image. He sat in one of those comfy chairs that can massage your feet.
My 9-year-old son then proclaimed that he needed this chair for Christmas. The price: About $2,000. No, he’s not getting one. But I am confident he will bring up this gift idea save money, you also can use those points on some credit cards to buy gift cards.
“That’s …