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Q & A
Shopping Mania My husband likes to buy items at the end of season
sales because they are such a "great deal"...which sounds good.
Only he is buying them with a credit card that is carrying a balance.
I keep trying to convince him that he is spending way more that the original
full price when you add in the interest accrued on the credit card. Do
other people make this mistake? Do you cover this in any of your episodes
if so which one? What other mistakes do people make with their bargain
shopping???
Name Withheld
Great question! Yes, other people definitely make this mistake. Rob of Rob & Yvonne did this. And I recently worked with a couple where the woman was a coupon freak. She had a hissy-fit if her husband dared to buy anything without a coupon. I'll tell you what I told her, and you can tell it to your husband: "So, where's all that money you saved?" If you don't have the cold, hard cash saved somewhere, you didn't SAVE it at all, you're just playing a game with yourself. "Saving" is when you take the money out of cash flow and put it somewhere else… in an account, in a mutual fund, in the stock market. Saving is the act of NOT SPENDING. I'll do a blog on bargain-hunting just for you. Watch for it. |
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