Are you a shopaholic? – Oct. 31, 2003
I spoke with a small army of experts and self-admitted compulsive shoppers across the country. They soon dispelled any lingering notion that shopaholism is a make-believe disorder afflicting only bored housewives and “Sex and the City” types. The addicts I spoke with conformed to stereotype in one respect: Almost all were women.
The article is good, but there is a different type of shopaholism prevalent among men. The author didn’t even touch this. Some guys must have whatever the newest technology is. It may be cars, computers, cameras, cellular phones, or even other things that don’t begin with the letter “C.” They rack up credit card debt just the same as those in the article.
Fool.com: Couples and the Christmas Cash Crunch
Have you budgetted for the holiday season? Planning on going into debt to pay for all the people in your life who deserve the kind of Christmas you used to have? There are some good tips in this article to help you get through the holiday season without paying a 20% premium on your purchases (due to interest on credit cards).
Let’s start with the bad news. The bad news is public college costs jumped 9.8% and private college costs went up 5.7%. The good news is that colleges are giving out more money to students. The bad news is that this money is in the form of loans, not grants. The good news is colleges have increased spending on things that benefit the students, like technology. The bad news is that college costs outpace inflation and sometimes stock market returns. The good news is… sorry, there’s no more good news. The bad news is higher education is eventually going to be a luxury for the rich, if trends continue.