| entries | profile | affiliates | tagboard | plugboard | site |
Monday, December 27, 2010


I agree that women are chronic shopaholics during sales season. The word "sales" means that products are priced lower than their original price and are thus more affordable. For example, people can buy two t-shirts for the price of one during a sale. This is the main reason why sales usually attract a larger crowd than normal.

As the items are cheap, people tend to buy more and more without thinking if they truly need these items. In this case, they would be satisfying their wants and not their needs. This will result in them chalking up a huge amount of money. Although it may seem that they have bought a lot of things on the surface, the amount of money that they have to pay will increase as well. Take the recent metro expo sale for an example. Although my mum and I bought many items, our bill was more than $200.

Even though the advantage of sales is that people can get cheaper items, the disadvantage of it is that they will not be able to limit their spending. This means that people tend to buy more than they actually need. Although most people would easily pay by cashcards, they are not able to foresee the huge amount of money that they would have to pay their credit card companies at month end as they are "blinded" by the cheap goods. As a result, they may run into huge amounts of debts to their credit card companies as they are unable to pay them back. In a rash and desperate moment, they may even turn to loansharks which will cause undesirable consequences.

Labels:



10:25 PM | back to top

Disclaimer


put your disclaimer here

Rewind