Community weekly poll: Will your shopping habits change this holiday?
- 11/21/08 2:03 PM
Will your shopping habits change this holiday?
by Lee Koo (ADMIN) - 11/21/08 2:03 PM
Will the current state of the economy affect your shopping habits this holiday season?
Yes, a lot. (How so?)
Yes, slightly. (How so?)
Somewhat. (Please explain.)
Not sure yet, depends on whether I still have a job. (Please explain.)
Not at all. (You're lucky! What's your secret?)
What's wrong with the economy?
will your holiday shopping....
by jean harrington - 11/21/08 6:31 PM In reply to: Will your shopping habits change this holiday? by Lee Koo (ADMIN)
My holiday shopping will not be affected at all.
I won't by anything, for anyone, including myself.
No presents except for the kids this year...
by Derwinator - 11/21/08 6:43 PM In reply to: Will your shopping habits change this holiday? by Lee Koo (ADMIN)
My wife and I feel that we're blessed with enough things and we agreed to buy for just the kids this year. We also informed our family that we weren't exchanging gifts and hoped that they would just save their money. Things are too uncertain at the moment and we all need to reduce our debt and increase savings. Once the stock market starts to recover and investors regain their confidence we'll all be in a better position to go on vacations, buy cars, etc.
Yes, a lot
by cyberaddict--2008 - 11/21/08 6:45 PM In reply to: Will your shopping habits change this holiday? by Lee Koo (ADMIN)
Mainly because we are nearing retirement age and have just watched 40% of the money we worked so hard to save for retirement, just disappear. We will have to really buckle down and try to save as much as we can and find a new way to invest that will earn enough for us to be able to retire. I'm considering becoming a bank so I can get part of the 700 billion, or maybe an automaker??? Any other good ideas out there.
I can't afford to spend a cent!
by 1scottydog - 11/22/08 7:40 PM In reply to: Yes, a lot by cyberaddict--2008I've not got enough money for retirement thanks to the huge loss in my retirement investments. Unlike younger people, I don't have enough time to rebuild my nest egg, so I can only buy absolute necessities.
Holidays are for children
by jmarkross - 11/21/08 6:55 PM In reply to: Will your shopping habits change this holiday? by Lee Koo (ADMIN)
All my family and friends buy ONLY for those under 18yo--and spend it all on them. They get lots more and no one becomes a slave to advertisers and buys useless crap for people who almost never have any use for the silly things sold during holidays. It MEANS something to kids--if you are over 18--buy whatever you want for yourself!
It will not really affect my buying.
by dulcineasmom - 11/21/08 7:15 PM In reply to: Will your shopping habits change this holiday? by Lee Koo (ADMIN)
I am disabled and on a very limited budget, but by the same token it is a stable income so that I don't have any less coming in. So I can buy as I did last year. The only affect on me is the current price of everything. So if special sales are on because of the economy, I will benefit. But if there are higher prices on the things that I buy, then I will not be able to buy as much.
Will your shopping habits change this holiday? Yes
by rtweedle - 11/21/08 8:08 PM In reply to: Will your shopping habits change this holiday? by Lee Koo (ADMIN)
I'm retired and part of my living expenses comes from my IRA which is worth diddly thanks to our wonderful Federal Government and the jerks on Wall Street.
XOM Stock---Tine for me to SELL!
by warpete - 11/21/08 8:49 PM In reply to: Will your shopping habits change this holiday? by Lee Koo (ADMIN)
I'm very fortunate. I inherited some XOM stock when my father passed away three years ago. XOM has made more profit then any company in history, yet my stock and Dividends have declined. I think it is a mistake to think that ANYONE will bail you out if you run into hard Financial times. The HUGE Executive bonus's have not stopped. The phenominal "Golden Parachute's" still exist--even for top CEO's that trashed their Companies. The Auto Compnaies sent their top "Pleaders" to ask for a Government bailout-----in private Luxury Jets. I have an agreement with my Family. This year, a big smile, a BIG hug--and a sincere "I Love You", will mean the best Christmas ever. My Grandchildren (ages 4 and 6) will still reap the benefits of a lesser degree of Christms spending. They are, after all, totally innocent of what is going with the Economy. Santa Clause is real to them--as he should be. Nowdays, if I see a penny on the sidewalk--I pick it up.
John Paul Getty once asked: "I will hire you for 30 days. I will pay you $100,000.00 right now as total payment---or---I will pay you one Penny on your first day and double it every day until your last day (30). Most people would quickly take the $100,00.00---but would lose over $5,000,000.00 by doing so. Do the math. Pennys add up and I will not open my wallet to Corporate greed any longer. They will have to truly earn my Respect before I give them one single Penny that I picked up off the Sidewalk.
Spend less
by stuartbalaam - 11/21/08 10:22 PM In reply to: Will your shopping habits change this holiday? by Lee Koo (ADMIN)
We will be spending less on all gifts this Xmas. Everyone needs to be carefull due to the economic uncertainty for 2009.
We will get through this tough period but it's going to be painfull at times I think.
Anyway am still looking forward to Xmas and time with the family, that's what really counts.
Merry Xmas to all and happy new year.
Stuart :
Christmas Shopping Is Out Of Control
by wendy3136 - 11/21/08 10:36 PM In reply to: Will your shopping habits change this holiday? by Lee Koo (ADMIN)
I started cutting back on holiday gift giving years ago. In reality "Christmas shopping for everyone on your list" is affordable only to the wealthy, and the average consumer is left feeling inadequate because they can't purchase the barrage of electronics, clothes, DVDs, and video games that advertisers have been taunting us with for weeks. I try not to plug into it, but it's everywhere from flyers and TV ads to the Internet. It's really pathetic that what was once a joyful holiday has become a dreaded sideshow of consumerism that must be endured. And hey, I don't hate Christmas, I just hate all the media pressure to buy, buy, buy all this stuff I can't afford.
I'll spend about the same...
by RogerCVC - 11/22/08 12:06 AM In reply to: Will your shopping habits change this holiday? by Lee Koo (ADMIN)
My job, though just a moderate paying one, is relatively secure. We don't use credit cards, so we don't spend money we don't have. Learned about that the hard way years ago. Also, I have a business that provides some additional income.
Between everything, I'm probably working around 70 hours a week, but I don't mind the time spent on business. Having a business many times provided vacations, meals out, ball games,etc. that I otherwise couldn't afford.
My wife is looking for a job, but helps me out with with daytime business errands for now.
It's good to develop an alternate income stream, just be realistic, and don't expect to get rich quick without working. Strong businesses are like strong trees.. they grow S L O W L Y !
On the bright side-gas is CHEAP again!
"Tough Times Never Last, But Tough People Do."
Good Luck, Everyone!
Will Your Holiday Shopping be Affected this Year ?
by dclarkfw - 11/22/08 12:43 AM In reply to: Will your shopping habits change this holiday? by Lee Koo (ADMIN)
Not at all - Mine has already been completed since I "shop" sales, bargains and 'neat stuff' for gifts all year. After the holidays, I shall have a few problems though - such as: buying groceries, gasoline, diesel, clothes, dog food, hay & cattle cubes for my stock.
Perhaps I will sell a few head of cattle; its certain my stock portfolio is not worth selling. Time will cure it in about 3 years unless Congress manages to give everything away and raise my taxes. I wonder if health care will include treating starvation & malnutrition?
Not one iota
by sheppo - 11/22/08 2:28 AM In reply to: Will Your Holiday Shopping be Affected this Year ? by dclarkfwBeing married to a very level headed wife ( tight fisted ),we have never had anything on credit. We've saved for everything we need,( by the time we can afford it we find we dont need it) so this so called "credit crunch" actually works in our favour because prices are actually falling.
re not one iota
by howjef - 11/22/08 7:03 PM In reply to: Not one iota by sheppoWe have always done the same.
As our income shrunk and we are both on social security, we adapted.
We spend less. But we have all we want.
We changed the way we look at what we need.
We don't need everything to be new. We don't need the prettiest or most expensive of things( ok , i do covet some electronics) but i don't buy them until the prices get to what is reasonable for us.
We use yahoo groups freecycle to give and to receive.
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