Monday, December 01, 2008

Black Friday & Cyber Monday...What?

Black Friday & Cyber Monday are media made-up words. Let's give names to the day after Thanksgiving where 'everyone' goes shopping at a local store and the following Monday where white collar workers buy holiday gifts online to take advantage of the faster Internet speeds. (I say sleep in and do you really have dial-up still?)

There is a problem with an economy where retailers requires a four-week window in December to make their annual sales progress report. They were the ones that have hyped this holiday buying spree. Even the stock market responds accordingly to buying volume.

I can see no redeeming qualities associated with buying gobs of stuff we do not need. We buy things if we need them or perceive we need them. Why do we need a window in time to do this buying? Because we are all suckers for one of the biggest scams in the history of America.

As we remember the birth of the Savior, the notion that everyone needs to buy everyone a gift in order to celebrate is ludicrous. We can all appreciate the feeling of giving but too many individuals spend money they do not have on things the recipients do not need.

Luckily, my wife and I see eye-to-eye on this. We have not adopted the Scrooge mentality but we have always limited our buying to our immediate family -- our children -- and our parents. In all cases, the items are nice but very affordable. We go around $100 per child and less than $50 on parents. Cash only.

If you were lavished with gifts as a child, then you are likely to do the same as an adult. It seems foolhardy to see people spending $1000s on Christmas presents, even if one has the money. It is a perfect example of attempts to buy one's love.

I hate the commercialism of the holiday season. I hate hearing retailers claim that they did not sell enough stuff this year. I hate the terms Black Friday and Cyber Monday.

One of the best things that can happen to our society is for less money to be spent on useless crap this December.

Save more, spend less is wisdom of the ages.

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