The Joys of Christmas Debt
Ho Ho Ho! Tis’ the season of celebration, goodwill and mass consumerism. The malls are filled with a shopping frenzy and it is reported that more people are buying just as many presents for themselves than for others. It’s part of the new 1:1 gift buying ratio rule. Giving is good, but getting and giving is even better.
We live in a needs based society and companies have no problem creating needs. In order to keep up with the Jones’ it is imperative you have that high definition big screen TV, despite whether you can afford it or not.
It is reported that 23% of Americans will still be in debt from Christmas come March. Yes, red truly is a Christmas color. So much for more and more Americans living paycheck to paycheck. Now they need more paychecks to pay off that gift giving debt.
Giving is good, but come on folks, live within your means and stay in control in these final days. Christmas is not about buying presents for yourselves, just wait until the day for your presents! There’s a chance someone has gone into debt to buy you something.
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POSTED IN: Corporate, Holiday Cheer
2 opinions for The Joys of Christmas Debt
flormar
Dec 2, 2007 at 4:18 pm
i think americans have forgotten what christmas means and are tool buisy buying. some can accumulate debts for more than 8 months.
Alex
Dec 3, 2007 at 4:02 pm
flormar-Thanks for the comment. Yeah, during this busy holiday season people need to keep their head on their shoulders and think, what would jesus buy?
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