Sunday, January 04, 2009

Spend & save

Well happy new year and all that jazz. However, the question is, exactly how happy a new year is it? With a world economic recession circling us like vultures over a dead water buffalo, what does 2009 hold for mere mortals like you and me?

Well it depends on how you look at severe financial trauma. Me? Well, I look at my spending and cut back where I can but not to the point where I'm eating soil and making my own pants from leaves. I still treat myself to things. Like margarine and tiny oil paintings. However, some people view things like closing down sales as a retail bonanza, not to be missed at any cost, regardless of the financial situaion.

Certain people manage to convince themselves that by spending money, they are actually saving money. I knew this female, lady-woman who told me she'd saved £3 on a toilet roll multipack, so she bought a £50 coat to celebrate. Is it me or is that mental? So with all these stores like Woolies, Zavvi, MFI and The Pier disappearing from UK high streets, it's like a Pandora's box for many folks. They're like shopping-zombies, lurching trance-like through the doors of the latest collapsing retail giant. And once inside, that bonkers 'spend & save' logic takes over their enfeebled minds and they start shelling out wads of cash to buy things they don't need and can't afford. But it's such a 'brilliant price', they just can't pass up the opportunity. What wisdom.

Then, 5 months later when they've defaulted on their eleven credit & store cards, Mr Bailiff turns up on the doorstep and removes all the lovely stuff purchased in that whirl of discount-infused excitement. And the result? Cheap, nearly-new goods on sale at a reposession auction near you!

Winner.