There’s a sign in front of a church that I pass by that is advertising for an upcoming “financial planning” seminar. The sign has a picture of some snake oil salesman-looking guy holding a bundle of cash and says “Normal is Broke, BE WEIRD!” I’m not sure what kind of financial planning seminar would be held in a church but I hope it doesn’t involve praying for more money.
Right after I pass that church I get to the Walmart, which seems to be a much more popular place for people to spend their time and money, because Walmart is always packed and I only see people at the church on Sunday. Maybe the church needs to take marketing advice from Walmart and attract people there by having sales.
I guess it’s the whole “SALE!” thing that is on my mind, mostly. But it ties into the idea of financial planning because the two ideas seem to be diametrically opposed.
Because I don’t watch television, don’t listen to commercial radio, have Ad Blocker on my browser and stopped subscribing to the local “junk mail disguised as yesterday’s news” newspaper I am mostly insulated from all of the “it’s on sale” mentality that gets people all excited about Black Friday. But I hear people at work all the time making plans to go shopping on Friday because “they’re (whoever “they’re” is) is having a sale on (INSERT NAME OF ITEM HERE).
Kathy & I just don’t buy stuff. Other than trips to Lowe’s to buy the few things we have needed for our house, we buy food, wine and gasoline for the car. I will admit to making a few trips to Best Buy while I was rounding out my Sonos system, but that’s it. We went to Target a few weeks ago and bought a few things that we needed, and realized that was the first time we had been there since January. And it’s not because we shop somewhere else – I haven’t been inside a Walmart in probably 5 years!
Just for fun I pulled up Walmart’s (and this is not a slam at Walmart, they just make a convenient example) Black Friday ad and looked through it. In a 39-page ad, there isn’t a single thing I would buy now. It’s not that there isn’t anything I would have, but generally if there is something I need I already have it, and if I need to replace something I have, I usually can’t wait until it’s on sale!
Admittedly, some of the sales are pretty good. If you just happened to be in the market for Beats wireless headphones ($280 – really?) $149 is a pretty good price. I liked the idea of Skullcandy earbuds for $9, but if I needed a set I would already have some that I paid $18 for and wouldn’t be laying up extras “just in case.” About three quarters of the pages are for clothes and junk toys that I wouldn’t buy for anyone’s kid. And best of all, if you don’t have the money for all this stuff, they have special financing available! Take 24 months to pay for this year’s crap! What a deal!
I’ll admit that the excuse that a lot of people use is that they are buying Christmas gifts, and to a certain extent that is probably true. But I’m not as concerned about who the stuff is for as I am that people feel like they have to buy stuff at all, for them or for someone else.
Anyway, I’m really not judging. Really! Some people enjoy the thrill of the chase, some have money to burn and shop just for fun. I choose to do otherwise. So do what you want, buy what you need and remember to share some of your good fortune with others less fortunate than you. What am I doing for Black Friday? I usually go to work on that day since I often figure it’s a lousy day to waste a vacation day on. This year though we’ve decided to do something a little different on Black Friday. We’re going to the beach for the weekend. Have fun!