I just read an interesting article about how the spending binge of consumers during November and December 2011 will be followed by a spending diet that will last for months. This makes a LOT of sense to me. Many of those purchases were made via credit cards, and the bills come due in January.
Pre-Christmas spending can be like pigging out for a big meal. You just don’t feel like eating that much afterward. So, it looks like some of us may be facing two kinds of diets – one involving food, the other involving moolah.
That said, there were a couple of things I wanted/needed after Christmas. So I bought them. Yes, I bought a winter coat on sale and used a $25. gift certificate. And I bought two checkbook covers. I’ve had super ratty checkbook covers for years. Yuck. Now I’ll have two cute, but inexpensive covers.
What about you? Are you on a food diet or spending diet? Did you buy yourself any post-Christmas gifties?