There are two types of wealthy people. Those who go on reality television to show off their private jets and bling and Caribbean estates. And then there are rich people who are also cheapskates, and won’t spend money on peculiar things, like clothes. (Come to think of it, Daddy Warbucks did wear pretty much the same outfit every day.) Or so it seems, according to surprising new research about where they shop. Check out the full infographic after the jump. Keep reading »
Tag Archives: spending
I don’t know what’s happened to me. I used to love shopping. Next to having sex, drinking, and eating great food with friends, shopping used to rank pretty high on my list of activities that make me happy.
And no, I was never one of those girls who “bought to fill the void” or anything like that. As a fashion lover, the biggest draw of hitting the boutiques was a satisfaction of being able to change my style with something simple. I never dumped huge amounts of money on clothes, but I definitely had patterns. Maybe one nice designer purchase every three to four months; one to three smaller things per month like tops, accessories, and sometimes shoes from places like Urban or Forever 21. I rarely bought out of necessity.
Now that’s not the case … Keep reading »
“Fashion trends speak volumes about the human condition and wordlessly point us towards the zeitgeist,” writes South Africa Times columnist Jacquie Myburgh. Huh? They do?
Ms. Myburgh, like many a fashion journalist, didn’t originally seek a career in the style world, acknowledging the frivolous-sounding nature of such work. She explains: “Telling your parents you want to go into fashion is right down there with acting and air hostessing on their list of favorites.” But, over the years, she’s come to understand its importance in society, when, especially in an economic downturn, our instincts are to shun conspicuous spending and get back to less “superficial” activities.
However, maybe we should start taking the fashion industry more seriously. Keep reading »
Sex sells and we’re all paying the price. Whether you’re a married mom or single and ready to mingle, rendezvous require cold, hard cash, even if you go soft or your date backs off. Kate Carraway, a Canadian blogger for Nerve, decided to go deep and discover the costs associated with satisfying our crotch like lube, internet porn, booze, dates, and gas. She followed a wealth of people, from the $25,000 a year cougar in a long distance relationship, to the hipster computer nerd couple that made $120,000 combined, for a month to track their expenses. So who dropped the most dough?
Yeah, so I know “Dancing With The Stars” premiered this week and we’re all in a tizzy because Drew Barrymore snogged Chuck Bass, but did you know that there’s a serious economic crisis LOOMING? Between the collapse of Lehman Brothers, the sale of Merrill Lynch, AIG tanking, and the government planning a bailout to the tune of $200 billion, these are scary financial times. Certainly some are already feeling the pain more than others, as jobless rates soar to record highs, but it’s a given that we’re all going to feel the pinch eventually. So what are you cutting back on in order to save money and prepare for impending DOOM? Keep reading »