Our consumer culture has made “shop ’til you drop” an acceptable past time.

 

Spending money on a credit card or being enticed by the lure of sales or discounts with the use of a store card made it difficult for people to save money but buying was acceptable. Going shopping is a hobby for some people and shopping can be fun. But spending money on things that you can’t afford – knowing that the expenditures will be a problem, make a difference to your overall financial picture.

 

Buying more than the essentials is not a problem if all the other areas of your financial life are taken care of – housing, food, utilities, savings and investments. Money is a tool, but overspending and maxing out credit cards, just because there are such great bargains to be had, isn’t very wise.

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One Response to “Overconsumption”

  1. anthrogeek10 (Tiffany) says:

    I agree. I was caught up in the credit card culture in my younger years and paid dearly for my stupid decisions. Now, I use credit cards wisely and even think before I buy something I NEED. I am much more mythodical about my spending now. I do make mistakes but I really try and have forsight. I am much happier now. Thinking before spending has led me to enjoy going out to eat more often (which is not very) or buying something of good quality.

    Keep in mind that much of the stuff we buy is not made ethically. Meaning to keep prices as low as possible, the corporations in the global north (us, UK, etc) will move production of goods to the global south (periphery) in an effort to increase profits. Do not be fooled. The corporations will not follow U.S employment laws or enviornmental laws. They are there to create goods to generate a large profit.

    anthrogeek10

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