Shoppers Spend, But Is That a Good Thing?

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Santa suffered budget cuts...and I set a goal of no more than $20 per person. I imagine my sisters' significant others are going to be getting token gifts from me. $20 may seem like a lot, but it's a decrease from the high of $60 a person 3 years ago.

If I had the time I'd spend my month baking cookies and giving those as presents.

Veronica of NC 9:46PM December 02, 2008

I was out shopping on Friday, Saturday and Sunday and the volume of customers I saw was no more than a normal weekend and very few carrying bags for items purchased. The deals were slim to none. I was ready to purchase a number of items but decided to wait until the end of the year when the "Real" sales will happen. The retailers are going to have to get rid of their inventories and the only way to do that is to slash prices to the bone.

Christmas will be in January this year for my family.

Larry of CA 12:31PM December 01, 2008

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Alpha Consumer

Alpha Consumer

Kimberly Palmer, senior editor for U.S. News & World Report, is the author of Generation Earn: The Young Professional's Guide to Spending, Investing, and Giving Back. Send her your personal finance questions.


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