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It’s Not A Deal If You Didn’t Need It
Posted By Jim On 12/26/2005 @ 6:09 pm In Frugal Living,Personal Finance,Shopping | 2 Comments
Stores have ramped up today, the first shopping day after Christmas, by offering ridiculously marked down deals. It’s not uncommon to see things 75% off at prices even the most frugal would jump at but remember this helpful tip: It’s not a deal if you didn’t need it. Once you identify the difference between need and want (you don’t need a leather coat, you want it, you can make do with the non-leather jacket you have now) then you’ll realize you didn’t need that new widget that’s now 50% off.
Macy’s offered 50 percent reductions on cashmere sweaters, while the Gap had women’s corduroy pants for as little as $19.99 and Target sold a 15-inch LCD TV with DVD Player for $499.99.
As nice of a deal as a 15″ LCD TV with a built in DVD player sounds (it’s pretty good), if you didn’t need it then you probably should save that $500 for something down the road.
It’s hard to turn down deals this time of year, especially at huge markdowns, but resist the urge!
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 CNN Money covered this: http://money.cnn.com/2005/12/26/news/economy/holiday_shopping/index.htm
Thank you for reading!